- Turnover of £57m (22% growth year-on-year)
- Underlying EBITDA of £24m (42% growth year-on-year)
Tech-led specialist home insurance business Avantia Group has reported record 2025 results, with turnover up 22% to £57m and Underlying EBITDA up 42% to £24m.
This marks Avantia’s eighth consecutive year of double-digit growth, driven by its AI-first strategy, proprietary risk and pricing technology, and the development of its award-winning new claims platform.
Avantia now provides cover for over 350,000 customers, writing £175m of gross written premium in 2025. Avantia Group and existing capacity partner, AXA, announced a multi-year partnership extension in 2025, with the deal seeing AXA continue to provide capacity for Avantia’s Homeprotect customers. AXA and Avantia first partnered in 2012, with the extension signalling the strength of the long-standing relationship between the two brands.
Avantia’s Homeprotect brand was also awarded ‘MGA of the Year’ at the Insurance Times Awards 2025.
During the year, the company launched its award-winning AI claims platform, ‘Holmes’ to transform claims processing and combat fraud. Holmes proved able to calculate payments with a 98% accuracy rate and make recommendations that meaningfully improve customer outcomes for around 50% of cases, accelerating resolutions for customers and generating significant operational savings. With Holmes now running on every claim, Avantia more than doubled its fraud detection rate through 2025, providing significant indemnity cost savings and streamlining resolution of legitimate claims.
The Holmes platform also earned regulatory recognition, with Avantia’s Homeprotect brand selected as the only insurance provider to participate in the Financial Conduct Authority’s AI Live Testing initiative – the first programme of its kind in the financial sector, designed to support the most advanced financial services businesses with the safe and responsible deployment of AI.
To help drive the next phase of its AI transformation programme, the company also expanded its AI team during the year with the appointments of Dan Hirlea as Head of AI and Saurabh Johri as AI Advisor.
Commenting on the results, Mark Eastham, Chief Executive Officer at Avantia Group, said, “Our 2025 performance demonstrates why we are the high-growth market leader in specialist home insurance. At a time when the insurance industry faces significant challenges, from rising fraud to claims inflation, we have delivered award-winning performance and an eighth consecutive year of double-digit growth.
“We’ve done this by combining cutting-edge AI with deep human expertise to deliver faster, fairer outcomes for customers and more efficient operating performance – without compromising on underwriting performance.
“Our strategy is to build a fully AI-led operating model that delivers a brilliant customer experience. We are continually enhancing our AI capabilities across pricing, risk analysis and customer experience, whilst building the scalability and resilience required to support our growth. We have strong momentum and a clear path to scaling customer numbers from 350,000 today to over one million.”