Hyperion reports 17% revenue growth

Hyperion has reported revenues of £725m, a 17% increase, while adjusted consolidated Ebitda rose by 16% to reach £211m.

The firm’s international broking business saw an organic growth of 11% throughout the year.
Its underwriting division, DUAL, manages around £770m in GWP from 36 offices across 16 countries, providing its carriers with access to specialty markets through more than 6,500 broker partners and on behalf of over 60 carriers globally.

Around 18% of the group’s revenue comes from the UK, 26% from Europe, 22% North America, 6% Latin America, 19% Asia Pacific and 9% from Turkey, the Middle East and Africa.

Chief executive officer David Howde said that Hyperion had grown over the past 25 years from a three-person start-up into an international group.

“Over the past 25 years, we have seen a compound annual growth rate of 35%,” he said. “Today, we have over 800 shareholders that work for Hyperion who own just under 50% of the group, joined by long-term investors General Atlantic and CDPQ.

Hyperion also stated around £300m to be used to support sustainable growth and selective acquisitions.

The group's international broking business will operate as Howden from 1st October 2020,

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