BGL Group
BGL Group – Founded in 1992 by Douw Steyn, BGL has quickly grown into one of the largest personal lines brokers in the UK with GWP surpassing more that £1bn. It describes itself as a digital distributor of insurance and household financial services.
BGL Group features in the Insurance Age Top 50 Insurance Brokers in Personal Lines listing. Find out what other companies made the cut.
BGL launches new short-term motor insurance brand
It is the first on-demand product from the distributor and offers customers policies for between one hour and 30 days.
Quizzical Questions: 1 February 2019
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InsurTech Futures: BGL invests £3m in new tech hub
Firm is set to create 40 new tech jobs.
#Insagepeople: 19 - 23 November 2018
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CMA accuses Compare the Market of breaking competition law
The CMA has provisionally found that the aggregator is preventing customers from getting better home deals through use of its ‘most favoured nation clauses’.
#insagepeople 18 - 22 June 2018
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#Insagepeople: 5 - 11 March 2018
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BGL targeting 200 apprentices for new academy
Recruits to range from school leavers to degree holders.
#Insagepeople: 08 - 14 January 2018
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#Insagepeople: 4 - 10 December 2017
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Broking Break: Your Top 5
Ardonagh’s results have once more piqued the interest of brokers as did a court case, an investment in an aggregator, underinsurance and motor profitability.
BGL rules out IPO following £675m investment
Current owner BHL will retain the majority shareholding of the group which includes Compare the Market.
Compare the Market faces CMA investigation
Regulator to investigate relationships between providers and Compare the Market following review of digital comparison tools.
Pre-tax profit jumps at BGL for 2017
Group reports 14% rise in underlying revenues.
#Insagepeople: 24 - 30 July 2017
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#Insagepeople 12 - 18 June 2017
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InsurTech Futures: BGL Group opens tech hub
The Comparethemarket owner has moved digital and data staff to the White Collar Factory on London’s Silicon Roundabout.
Blog: Swinton - from high street hero to high street heartbreak
Insurance Age content director Jonathan Swift reflects on Swinton's latest branch closures and puts it in some historical perspective
Pre-tax profit drops 15% at BGL
Group reports increase in both revenue and policies.
BGL considers Stock Exchange listing
Company owns aggregator Comparethemarket.
LexisNexis no claims database aiming for 90% market coverage by year end
Technology firm says insurers and brokers loading data daily.
Saga buys bike broker Bennetts for £26.26m
Deal takes firm up to approximately 20% of UK motorbike insurance market.
BGL Group posts £94m pre-tax profit
Customer numbers rise to 7.5 million.
Marsh appoints Canniffe and Kershaw to affinity and placement roles
Canniffe joins from BGL and Kershaw comes on board from Towergate.