Insurance Post

Hastings attributes growth to ‘agility’ on price comparison sites

harry-hastings
Hastings Insurance mascots, Harry Hastings and Stephen Seagull, should be happy with the company's growth

A growth of 29% in gross written premiums by Hastings in the first quarter was due to the company’s “elastic” pricing structure via comparison sites, the company’s chief financial officer said.

As many larger firms like Allianz and RSA put a freeze on motor policies, Hastings has increased its motor market share to 6%, up from 5.3% in the same quarter last year.

Richard Hoskins, CFO for

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