Aggregators
Go Compare owner in £120m refinancing
Both the credit facility and four-year term loan included in the refinancing can be extended for an additional year.
CMA’s investigation into Compare the Market sees timeline extended
Investigation centres on clause included in the aggregator’s home insurance contracts which may potentially cause consumers to miss out.
Applied Net 2019: Pace of change in insurance to speed up
Applied Systems CEO, Taylor Rhodes, discusses the tech evolution in insurance, partnering with Google and why the UK is a "ripe market" for the software house.
Honcho launches ‘reverse auction’ app
InsurTech Futures: The car insurance app aims to reduce costs for young drivers.
Over four million drivers stuck in £982m insurance loyalty trap
Research by GoCompare shows 44% of drivers let their car insurance automatically renew, with customers overpaying by £982m a year.
Admiral reveals £33m Ogden hit in H1 2019
Provider posts modest turnover and profit rises.
Quizzical questions: 19 July 2019
Test your knowledge of the week's news with our topical quiz.
FCA warns of Moneysupermarket clone
The aggregator is the latest firm to be targeted by fraudsters.
FCA strengthens position on dual pricing
The regulator has published a fresh response to the CMA.
Government revives further regulation of aggregators
The government referenced a 2017 study into digital comparison tools by the CMA.
Profit soars at Admiral in 2018
But the provider's UK household segment reports loss after weather impact.
InsurTech Futures: Biba signs first InsurTech partnership with Worry+Peace
The British Insurance Brokers’ Association has joined forces with InsurTech Worry+Peace to help brokers bolster their ability to trade digitally.
Revenue nudges up for Go Compare
Operating profit also went up but revenue in its price comparison segment slipped.
InsurTech Futures: Honcho joins Biba
Start-up is the first reverse auction marketplace to be a member of the broker trade body.
Compare the Market targets SMEs as it partners with Simply Business
Aggregator highlights appetite to grow business and landlords insurance.
Amazon ponders UK aggregator site - reports
Claims that the tech giant is in talks with UK insurers about the possible launch of a price comparison site hit the headlines.
Turnover and profit rise at Admiral in H1 2018
UK aggregator Confused also reports growth.
Broking break - Your top 5
The five most read stories of the week include news about products, aggregators and Folgate, as well as a blog from Huw Evans and the UK Broker Awards 2018 shortlist.
InsurTech Futures: Mobile app Honcho aims to disrupt price comparison websites
Broker-owned online reverse auction app to launch in the car insurance sector in Autumn 2018 after being authorised by the FCA.
Aggregators eating into SME business – GlobalData
Research shows brokers are adapting to digital changes.
Profits up at Gocompare in 2017
Aggregator reports 4.7% growth in insurance revenue.
Moneysupermarket posts 12% insurance revenue rise for 2017
Group revenue, profit and average number of monthly visitors all increase.
Go Compare rejects £460m Zoopla-owner bid
ZPG made unsolicited approaches to buy the aggregator which were “unanimously and unequivocally rejected” by the board according to a statement from Go Compare.
Broking success: Marc Loud, Park Insurance
All the fun of the fair: Park Insurance’s partner Marc Loud explains how his firm, as well as writing more traditional lines, also works with circuses, fairgrounds, theme parks, barbershops and lap dancing bars