Sky Protect parent cuts losses in half but revenue down in 2025
Neos Ventures had an operating loss of £17.6m in 2025, a year its trading style Sky Protect switched from an exclusive arrangement with Zurich to a broker panel approach.
Sky Protect was launched in 2023 with the aim of shaking up the home insurance market.
In October 2025 it confirmed parting ways with Zurich and starting its rollout with Axa promising two more providers to follow in 2026.
A filing at Companies House, for the year ended 31 December 2025, detailed Neos’ operating loss was nearly cut in half from £31.6m in 2024.
RelatedSky aims to shake up home insurance with Zurich-backed productSky is launching a new smart home protection service, offering
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