Pro Global outlines growth in 2023 results

Ambitious plans for 2024 also revealed

Pro Global outlines growth in 2023 results

Insurance News

By Kenneth Araullo

Pro Global has touted notable progress and a positive outlook for the future following its operations in 2023, with the firm reporting growth throughout the year.

Over the year, Pro Global experienced a 12% increase in revenue, marking the third year in a row of double-digit growth and outperforming inflation rates. As per a news release, this growth is attributed to the company’s strategic focus on expanding its services and leveraging technological advancements to better serve its clients.

A significant development in 2023 was the acquisition of Propel Automation, a specialist in Robotic Process Automation (RPA). This move is aimed at bolstering Pro’s client offerings by integrating and scaling automation technologies to improve efficiency and service delivery.

The company’s workforce has also seen growth, now boasting around 750 insurance professionals. This expansion, represents a more than 50% increase over the past four years.

Looking ahead to 2024, Pro Global has a clear goal of achieving another year of double-digit revenue growth, surpassing £50 million. This optimism is supported by the deployment of additional client-relevant capabilities and the continued expansion of its global team.

Steve Lewis, CEO of Pro Global, highlighted the collective expertise and dedication of the company’s global team as the cornerstone of its growth.

“Pro Global’s unique capabilities stem from a dynamic ecosystem of partnerships and cutting-edge technology,” Lewis said. “Looking ahead to 2024, we are committed to strategically expanding this ecosystem, embracing a holistic approach to transform the operational effectiveness of re/insurance businesses.”

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