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Moneysupermarket reports 25% jump in insurance revenue

moneysupermarket screengrab

Moneysupermarket has reported its revenues in the insurance arm increased by 24% from £40.6m to £50.3m in the first half of 2011 comapred to 2010. Click based revenue increased by 24% from £37.5m to £46.4m.

It added revenues increased in each of the three major lines of business, being motor, home and travel insurance, with home performing particularly well.

Home and motor insurance benefitted from site

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Diary of an Insurer: Prestige’s Tim Baxter

Tim Baxter, business development and relationship director at Prestige Underwriting, navigates a week of strategy sessions in Belfast, broker visits in Manchester and London, and home-office conference calls – all in the name of expanding the MGA’s non-standard household and motor book of business.

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