Profits up at Gocompare in 2017

Backbytes - a happy computer

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.

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

Aviva’s David Martin on the art of the possible

After making a “substantive step change”, Aviva knows there is more to do, and will be meeting with brokers at the British Insurance Brokers’ Association’s conference to work together on what comes next, according to managing director of UKGI distribution & SME David Martin.

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: