Comparethemarket.com
Price Comparison Websites: No comparison
There are plenty who would celebrate their demise, but despite regulatory scrutiny, price comparison websites remain strong
Advertising costs and competition major deterrents to insurers entering aggregator space
Sky-rocketing advertising costs and an already competitive market have been cited as potential deterrents for any insurers considering entering the aggregator space after an Accenture report estimated 83% of UK firms were contemplating such a move.
Director of Content’s Comment: Is the timing for listing right?
The news that BGL is looking at a prospective initial public offering has raised a number of questions.
Blog: Five things that could determine whether BGL goes IPO or stays indie
The news that BGL Group is looking at the possibility of an IPO should not come as a surprise.
Value of £1bn mooted as analysts give thumbs up to BGL float
Market analysts have given their seal of approval to BGL Group’s potential listing on the London Stock Exchange, with one analyst suggesting the entry could be valued at more than £1bn.
Compare the Market appoints Late Rooms CEO to COO role
BGL Group’s UK price comparison site Compare the Market has appointed Jesper With-Fogstrup to the newly created role of chief operating officer.
Market Moves - 21 January 2016
All the latest movers and shakers in the industry.
FCA transparency proposal deemed a 'partial solution'
Industry commentators have challenged the Financial Conduct Authority for putting forward a "partial solution" in its proposal that would require general insurers to publish the prior year's premium on renewal notices, announced today (3 December).
Roundtable: Reputation: Time to start building bridges
The insurance industry’s reputation is at a low, with recent reports highlighting a lack of consumer trust. How can insurers work towards improving the public’s perception of them?
Blog: What does Google's US insurance move mean for Admiral and UK market
Ever since Beat that Quote was acquired by Google there has been ongoing speculation about what the move would mean for the UK insurance space.
BGL boss Donaldson heralds 'record profits' in 2013/14
BGL Group has chalked up a 6% annual increase in profit before tax to £94m for the year ending 30 June 2014 (previous 12 months: £88m).
Compare the Market fined for misleading advert in Australia
Online aggregator Compare the Market has been forced to withdraw an Australian health insurance advert after it was found to be misleading.
Aggregators cautious on FCA review
Price comparison websites have been muted in their response to the Financial Conduct Authority’s thematic review of the sector, which saw the watchdog warning that aggregators were falling short.
Aggregators failing to meet FCA expectations
The Financial Conduct Authority has this morning handed out a damning verdict on the price comparison website sector, finding such sites do not always ensure consumers were given information to make informed decisions.
Aggregators call for tougher measures on automatic renewals
Aggregators have welcomed the Association of British Insurers' proposals to improve clarity around policy renewals, announced today, but say the measures should be taken further to address insurers automatically renewing policies.
BIA Countdown: Marketing moguls reflect on 20 years of the BIAs
As part of Post’s countdown to the 20th anniversary of the British Insurance Awards in July, we spoke to the major insurers who have experienced wins in the marketing category over the years, asking them how the industry has changed since the first BIAs.
Insurers and brokers urge Competition Commission to ban all MFN clauses
Fears a ban could harm price comparison websites misplaced.
Industry divided over Competition Commission’s motor recommendations
CC cost-cutting suggestions include banning credit hire referral fees
Profit growth not BGL's main aim in 2013 as CEO eyes five-year plan
BGL chief executive Matthew Donaldson has defended his firm’s static profit growth in 2013 by claiming that the launch of a five year growth initiative had meant that building on last year’s profit margin was never expected.
BGL profits remain flat despite attracting two million more customers
The BGL Group has recorded pre-tax profits of £88m for the second consecutive year, despite increasing customer numbers by two million to 6.6 million during the same period.
Brokers baffled as FCA places them in ‘high risk’ group
Aggregators say FCA probe into sector no longer relevant.
Your say: The other side to MFN clauses
Paul Galligan, managing director of Compare The Market, wrote an article in Post commenting on most favoured nation clauses and, as a broker in direct competition with the aggregators, I wanted to comment on Galligans one-sided view
Money Supermarket chief welcomes FCA review
A regulatory review into price comparison sites has been welcomed by Money Supermarket chief executive Peter Plumb.
FCA plots price comparison review
The Financial Conduct Authority has launched a thematic review of price comparison sites, raising fears that consumers may not be securing adequate coverage.