Profits up at Gocompare in 2017
Aggregator reports 4.7% growth in insurance revenue.
Gocompare has revealed a 54% rise in profit after tax to £24.4m for 2017.
Operating profit was also up at £33m (2016: £21.9m).
Revenue at the aggregator increased from £142.1m in 2016 to £149.2m.
The business, which rejected a bid of £460m from Zoopla-owner ZPG late last year having demerged from Esure in 2016, reported that the insurance segment of the business delivered 4.7% growth in 2017 with revenue up £6.2m to £139.9m.
It stated this was achieved through a greater number of
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 or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insurer
Beazley addresses rise in AI-related cyber threats with new endorsement
Beazley has launched an AI ‘clarifying endorsement’ for its cyber product, which it claims will offer clients peace of mind as to how AI-related cyber attacks are addressed within their existing cover.
People Moves: 14-18 September 2026
Follow the latest personnel moves in insurance.
International insurer names third UK CEO in nine months
Sompo International has announced that Nicolas (Nic) Berg is to take over as CEO of its UK insurance business, effective 1 October, subject to regulatory approval.
Arag confirms growth in first combined results after Das deal
Arag has posted £244m of total income for last year in the inaugural results including the former Das UK business.
Ex-Lloyd’s and RSA boss Jon Hancock to retire from AIG
Jon Hancock will retire from being CEO of general insurance at AIG at the end of the year, the insurer has confirmed.
Q&A: PremFina bosses Bishop and Aylott
PremFina’s leaders reveal if the premium finance provider has delivered on its promise to be profitable this year, and explain the thinking behind the string of inward investments, current broker relationships and plans for the future. Emmanuel Kenning poses the questions.
Allianz moves to help brokers with cross-border construction risks
More UK-headquartered businesses are taking on construction projects across borders, according to Allianz Commercial as it refreshes its proposition for brokers and clients.
Bridgehaven signs capacity deal with Mission MGA
Hybrid insurer Bridgehaven Specialty UK has announced a strategic partnership with Amulet Real Estate, the newly established managing general agent, to underwrite a portfolio of specialist commercial property and liability insurance.