{"id":6295,"date":"2025-07-01T08:00:07","date_gmt":"2025-07-01T08:00:07","guid":{"rendered":"http:\/\/calebdewey.com\/?p=6295"},"modified":"2025-07-01T09:01:07","modified_gmt":"2025-07-01T09:01:07","slug":"ripe-year-on-year-revenue-grows-to-20-6m-as-expansion-continues","status":"publish","type":"post","link":"http:\/\/calebdewey.com\/index.php\/2025\/07\/01\/ripe-year-on-year-revenue-grows-to-20-6m-as-expansion-continues\/","title":{"rendered":"Ripe year-on-year revenue grows to \u00a320.6m as expansion continues"},"content":{"rendered":"

Ripe, a UK digital managing general agent (MGA),<\/a> has achieved 16% year-on-year revenue growth, with turnover increasing to \u00a320.6 million in the 12 months ending 31 December 2024, up from \u00a317.8 million in 2023.<\/p>\n

\"\"This growth marks the company\u2019s 17th consecutive year of double-digit revenue rises.<\/p>\n

Throughout the year, the MGA expanded its policyholder base, reaching a total of 365,000 across various SME, leisure & lifestyle insurance products.<\/p>\n

Ripe acquired GJW Direct, a specialist boat insurance company – a transaction announced in Q4 2025 and completed in April 2025 -, bringing the MGA\u2019s total policyholder count to over 400,000.<\/p>\n

Since its acquisition in October 2023, Craftinsure has been successfully migrated to Ripe’s proprietary technology stack, Juice. This transition, combined with enhanced marketing efforts and increased investment in technology, has resulted in 15% business growth.<\/p>\n

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Additionally, all Ripe legacy products have now migrated to the Juice platform, ensuring agility and speed to deploy product and pricing changes and continuously optimise the customer experience.<\/p>\n

Tech investments have facilitated new product launches, such as the recent Motorhomes lines. This being another example of strong brand growth driven by digital marketing optimisation leading to rapid customer and premium expansion, Ripe explained.<\/p>\n

Moreover, investment and operational support from London and New York based Aquiline has enabled the company to continue pursuing its ambitious growth strategy.<\/p>\n

Rob Styring, Chief Financial Officer at Ripe, said: \u201cThese results highlight the strength and resilience of Ripe\u2019s business model. We\u2019ve achieved strong organic growth, seamlessly integrated Craftinsure, and taken another significant step forward with the addition of GJW Direct.<\/p>\n

\u201cWith all our products now on the Juice platform and a healthy pipeline of new launches and acquisitions ahead, we are in an excellent position to continue scaling. As we grow, our focus remains on growth through expansion into new markets and by using data and insight to deliver outstanding customer outcomes.\u201d<\/p>\n

The post Ripe year-on-year revenue grows to \u00a320.6m as expansion continues<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ripe, a UK digital managing general agent (MGA), has achieved 16% year-on-year revenue growth, with turnover increasing to \u00a320.6 million in the 12 months ending 31 December 2024, up from \u00a317.8 million in 2023. This growth marks the company\u2019s 17th consecutive year of double-digit revenue rises. Throughout the year, the MGA expanded its policyholder base, […]<\/p>\n","protected":false},"author":1,"featured_media":6297,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"_links":{"self":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/6295"}],"collection":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/comments?post=6295"}],"version-history":[{"count":3,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/6295\/revisions"}],"predecessor-version":[{"id":6299,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/6295\/revisions\/6299"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/media\/6297"}],"wp:attachment":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/media?parent=6295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/categories?post=6295"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/tags?post=6295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}