Insurance surge of 28% drives 2023 revenue growth at Moneysupermarket
Aggregator Moneysupermarket grew insurance revenue by 28% to £220m last year as group revenue rose 11%.
Revenue across the comparison site reached £432.1m for 2023.
According to the firm, insurance growth was underpinned by strong switching in car and home as it won market share in both lines.
RelatedCar insurance premiums surge 58% in a yearAccording to research by WTW and Confused, car insurance premiums have soared to a record high with a 58% rise in 2023.
As previously reported by Insurance Age, research by WTW and Confused revealed car insurance premiums soared 58% in 2023 to a record high.
Earl
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