Pre-tax profits have edged towards the £100m-mark at Surrey-headquartered insurer esure Group. The company reported a profit before tax from continuing operations of £98.6m for the year to 31 December 2017, up from £72.7m 12 months earlier. Gross written premiums also climbed by 25.2 per cent to £820.2m. Darren Ogden, esure's interim chief executive, said: "During 2017, we increased in-force policies by 9 per cent to 2.4 million and gross written premiums by 25 per cent to £820m, as more customers were attracted to our excellent products at competitive prices. Our footprint expansion in motor continues to build momentum and we now have over 300,000 in-force policies in these new segments. "Our digital proposition continues to evolve as we deploy innovative technologies across the business to deliver for our customers. I am continually impressed by my colleagues' hard work, energy and dedication in making sure we provide a great service to all our customers. "We continue to deliver profitable growth and remain on track for our three million in-force policy target by 2020." Chairman Sir Peter Wood also hailed the year as one of "positive momentum".
Esure Group reported a pre - tax profit of £ 98.6 m ( $ 110 m ) for the year to 31 December 2017 , up 36 % on the previous year . Interim CEO Darren Ogden said in - force policies rose by 9 % to 2.4 million and gross insurance premiums rose by 25 % to £ 820 m . The company now has over 300,000 in - force policies in new motor segments and claims to be on track to reach its target of three million in - force policies by 2020 .