Acorn Group Results: GWP Up to £803m For 2025

The latest set of financials from Acorn Group for you;

Acorn Group, the UK’s leading providers of non-standard car, van, taxi and home insurance, has reported another year of considerable growth. Gross Written Premium (GWP) rose to £803m for the year ending 31 December 2025 – an increase of 8% year-on-year. This represents the highest annual GWP performance on record for the group which is home to brands including Acorn Insurance, Carrot, Granite Underwriting and Motorcade.

Overall live policy count increased by 20% compared with the end of 2024, reflecting both strong retention and new business growth. The Group’s Combined Operating Ratio (COR) remained below 90% thanks to consistent underwriting discipline and operational efficiency.

These results showcase Acorn Group’s evolution from its roots as a Taxi insurance specialist. The group’s Car, Van, and Wholesale businesses each joined their Taxi business in exceeding £150m in GWP. This performance is a direct payoff of the group’s strategy to champion non-standard customers and their needs, which are left unmet by traditional approaches.

Acorn Group CFO Kyle Tyrrell comments: “Our results show we are doing a great job supporting the growing number of drivers that sit outside mainstream motor markets. As part of this, we’re pleased to have fully integrated My Policy into the group, confirming telematics as a fundamental part of our vision for the future. The continued growth of our recently launched Street Cover and Briefly brands are further proof that a one-size-fits all approach serves fewer drivers each year.”

Mike Lloyd, Acorn Group CEO, commented: “Our 2025 performance reflects the exceptional efforts being carried out across the business by our 2,000 employees. Across every brand under the group, we have also proved that an agile, tech-based approach can deliver better products and better customer outcomes. In turn this is delivering scalable commercial success. We have a pipeline of new and improved specialist products to be delivered in 2026.

“There are many reasons to be excited for our future. I’d like to thank every colleague for playing a role in our continued success.”