Moneysupermarket posts 12% insurance revenue rise for 2017
Group revenue, profit and average number of monthly visitors all increase.
Moneysupermarket has revealed a 12% jump in revenue from its insurance operations to £173.6m for the year ended 31 December 2017.
The aggregator noted that it was helped by positive market conditions as well as pricing investments and additional online marketing. It detailed that the first half of the year was up by 18% and the second by 6%.
The group, which also has money, home services, travel and other revenue streams, achieved a 4% rise in operating profit to £94.9m (2016: £91.9m) as
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 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.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
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. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Takeover target Direct Line posts £189m operating loss
- Markerstudy gets CMA greenlight to complete £1.2bn Atlanta deal
- FCA warns insurers, again, on undervaluing total loss motor claims