Moneysupermarket.com
5 things we didn't know this time last week
It's been a busy week in the news with Towergate and Gallagher swapping staff and insurers puffing out their chests to reveal their results so you might be forgiven for missing other news that has happened this week.
Money Supermarket lays down renewals challenge for insurers
Aggregator Money Supermarket is challenging the insurance industry to adopt eight recommendations it has put forward to make the auto-renewal process fairer for consumers.
Money Supermarket sees revenues jump 10% in 2014
Price comparison website Money Supermarket expects to report a 10% increase in revenues to £248m for the 2014 financial year, with adjusted Ebitda expected to grow by 13% to approximately £95m.
Blackpool and Crewe among areas with highest drink-driving convictions on motor policies
Llandrindod Wells and Blackpool have been named as the top two postal areas for drivers with drink or drug-driving convictions on their car insurance policies, according to research from aggregator Money Supermarket.
Money Supermarket sees 15% Q3 insurance revenues boost
Price comparison website Money Supermarket saw insurance revenues grow 8% to £106m for the nine months ending 30 September 2014.
Google aggregator hit by £12m loss
Price comparison site Google Compare has notched a pre-tax loss of £12m in its second set of full year accounts since being acquired by the search giant in 2011.
£8m added to home premiums by preventable claims
Just over half of all home insurance claims follow preventable incidents, according to Money Supermarket, adding a total of £8m to home insurance bills.
Money Supermarket sees 4% revenue growth for insurance site
Money Supermarket has reported a 4% increase in revenue for its insurance division in H1 2014 to £68.1m (2013: £65.5m).
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.
Money Supermarket predicts £122m H1 revenue
Aggegator Money Supermarket is predicting half year revenues to jump 9% ahead of the same period last year to £122m.
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.
Nixon pockets £129.5m from Moneysupermarket share sale
Moneysupermarket co-founder Simon Nixon is cashing in another £129.5m of shares, representing a 12.9% stake in the business.
Money Supermarket profits surge despite “slowing” insurance business
Money Supermarket has revealed an increased dividend and profits up 40% for 2013, climbing from £24.8m to £34.7m, in spite of acknowledging that its insurance business slowed in the second half.
Manchester and London most targeted by home burglars
Manchester suburbs Barlow Moor and Chorlton-cum-Hardy were ranked top of a Money Supermarket list of UK areas most likely to file a home insurance burglary claim.
Carnegie-Brown named Money Supermarket chairman
Aon UK chairman Bruce Carnegie-Brown is to be appointed chairman of price comparison site Money Supermarket.
FCA warns on Money Supermarket adverts
The Financial Conduct Authority has slammed a recent campaign by price comparison site Money Supermarket over claims on saving customers cash.
Industry divided over Competition Commission’s motor recommendations
CC cost-cutting suggestions include banning credit hire referral fees
Brokers baffled as FCA places them in ‘high risk’ group
Aggregators say FCA probe into sector no longer relevant.
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.
Money Supermarket sees insurance revenues inch upwards
Price comparison site Money Supermarket has seen insurance revenues climb 2% for Q3 2013.
Pet Insurance: Paws for thought
The cost of pet insurance claims has skyrocketed in the past five years, prompting some insurers to withdraw from the sector altogether. How can those that remain respond to the difficult market conditions?
High Street Brokers: Word on the street
While many had expected the increase in alternative methods of buying insurance to signal the demise of high-street brokers, they are still going strong. What are they doing right?