2024 was a busy year; here’s the latest update from IS2;
IS2, the digital distribution platform (DDP) solutions provider, has announced that it hit 50% growth in 2024, and that it has achieved its 2025 revenue target 12 months ahead of schedule. A focus on transforming multi-channel digital distribution, building an end-to-end ecosystem approach to scheme administration, and leading on service has seen IS2 achieve sustained 125% revenue growth since 2021.
IS2 has witnessed increased demand for its enterprise solutions. With its unique API-powered ‘build it once’ approach, and proposition proven to boost distribution, remove complexity, enhance agility, maximise efficiency, and improve the customer journey, IS2 continues to attract a stellar client list. Fans including Markel, Hiscox, and Ceta have all signed long-term partnerships in the last 24 months. The IS2 award-winning Atlas technology provides an enterprise level platform for customers with ambitious digital roadmaps looking to grow and streamline multi-channel distribution.
IS2 expects to deliver further growth in 2025 and for this to continue, by growing its client base and maximising existing relationships. Its service-led approach and significant investment in R&D is creating exciting new ways for insurers to increase distribution, whether through direct API integrations, direct-to-consumer, or via brokers and affiliates.
Simon Pritchard, Managing Director of IS2, commented: “I’m thrilled to once again announce such incredible results. We continue to exceed expectations and capitalise on the growing demand for high quality enterprise-grade digital distribution platforms. We have a 30-year heritage and proven track record of supporting insurers to meet their digital ambitions. But we never rest on our laurels and continue to push the boundaries through our continual investment in R&D and ability to help our customers differentiate themselves in an increasingly competitive online insurance marketplace. Watch this space for more exciting announcements as we embark on a new, even more ambitious growth trajectory in 2025.”
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