Moneysupermarket grows insurance sector to £38m

pc-computers

Aggregator sees 15% growth over last quarter taking insurance income up to £106m for nine months of 2014.

Moneysupermarket reported revenue of £38m for the third quarter of 2014, 15% up on the same period last year.

The figure took its insurance revenue up to £106m for the first nine months in 2014, an 8% increase on the results reported this time in 2013.

The results stated: "Revenues from insurance switching grew across all our lines: motor, home, travel and life. A flattening out of motor insurance premiums is encouraging motorists to compare prices and coverage."

Group
Insurance made up the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Market Movement Index: should I stay or should I go?

New research from analyst Broker Insights shows there is plenty of commercial policy movement – particularly in lower premium classes – which indicates strong competition and adequate capacity. But do brokers agree? Rachel Gordon reports.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: