Aggregators
Compare the Market targets SMEs as it partners with Simply Business
Aggregator highlights appetite to grow business and landlords insurance.
Amazon ponders UK aggregator site - reports
Claims that the tech giant is in talks with UK insurers about the possible launch of a price comparison site hit the headlines.
Turnover and profit rise at Admiral in H1 2018
UK aggregator Confused also reports growth.
Broking break - Your top 5
The five most read stories of the week include news about products, aggregators and Folgate, as well as a blog from Huw Evans and the UK Broker Awards 2018 shortlist.
InsurTech Futures: Mobile app Honcho aims to disrupt price comparison websites
Broker-owned online reverse auction app to launch in the car insurance sector in Autumn 2018 after being authorised by the FCA.
Aggregators eating into SME business – GlobalData
Research shows brokers are adapting to digital changes.
Profits up at Gocompare in 2017
Aggregator reports 4.7% growth in insurance revenue.
Moneysupermarket posts 12% insurance revenue rise for 2017
Group revenue, profit and average number of monthly visitors all increase.
Go Compare rejects £460m Zoopla-owner bid
ZPG made unsolicited approaches to buy the aggregator which were “unanimously and unequivocally rejected” by the board according to a statement from Go Compare.
Broking success: Marc Loud, Park Insurance
All the fun of the fair: Park Insurance’s partner Marc Loud explains how his firm, as well as writing more traditional lines, also works with circuses, fairgrounds, theme parks, barbershops and lap dancing bars
Compare the Market faces CMA investigation
Regulator to investigate relationships between providers and Compare the Market following review of digital comparison tools.
CMA to investigate aggregator over “strong concerns” on insurer relationships
However, investigation did not find “harmful hollowing out” of products because of an undue focus on price.
Broking Break - Your Top Five
Aquisitions, profits, gadgets, people moves and complaints hit the headlines this week and make up the top five most popular stories.
Gadget insurance aggregator launched
Protect Your Gadget price comparison website has been developed to compare multiple brands.
Profits up at Go Compare
The aggregator saw adjusted operating profit grow to £17.5m for the six months ended 30 June 2017 following Esure demerger.
Revenue at 1st Central hits £99.6m
The online motor broker also reported growth in profits.
Profile: This time it's personal
Eight leading lights from the personal insurance world tell Ida Axling what challenges the market faces and where the opportunities can be found
CMA renews investigation into aggregators
Further study into four areas follows previous research last year.
Biba raises unsuitable products concerns ahead of CMA investigation into aggregators
Trade body pleased with further investigation including into “most favoured nation” clauses.
CMA launches study into digital comparison tools
Review to look at home insurance sold through digital tools such as price comparison websites and smartphone apps.
Profits soar at Confused
Owner Admiral reports rises in revenue, profit and UK car insurance customers for the first half of 2016.
Gocompare sees 22.3% growth in revenue on back of greater marketing spend
Esure-owned aggregator Gocompare has recorded a 22.3% growth in revenue in the first half of 2016 compared to 2015 at £72.9m(H1 2015: £59.6m).
LexisNexis Risk Solutions buys Insurance Initiatives Limited
The acquisition can help UK insurers win new opportunities with data and advanced analytics.
Comparethemarket preparing for £2bn listing - reports
BGL to hold a beauty parade of investment banks to lead the float.