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Aggregators

Aggregator sold for a £1

Fairpoint Group today said it had accelerated its strategy of extending the group from a debt solutions business for heavily indebted consumers by agreeing to acquire 100% of the share capital of aggegator Moneyextra.

Octagon joins aggregator

Motor insurer Octagon has joined the panel of aggregator Compare the Market. Octagon, which launched last November, was previously available exclusively on Go Compare.

Heath and BDML wait on Admiral

Admiral has signalled its intent to underwrite household products from 2011, in a move that is set to impact its current white label arrangements.

Aggregator set to prosper

Go Compare chief executive Hayley Parsons has claimed profits will double this year after the aggregator moved into the black for the first time since inception and repaid its loan facility early.

CN launches scooter cover

Carole Nash has launched an online brand targeting commuter motorcyclists and scooterists, initially via Go Compare.

MSN in Beat That Quote deal

Microsoft has confirmed it is to partner Beat That Quote for its price comparison site, MSN Compare.

Technology - Underwriting: Shifting focus

Insurers are upping the pace at which they investigate underwriting IT options and, over the past six months, there has been a substantial jump in the number of carriers looking to engage software houses with projects in this area, says Edward Murray

Technology - E-certificates: Certifiable progress

Jakki May explains that changes to the law regarding e-certificates for motor insurance mean that the industry can now make headway in dispensing with old-style postal delivery, potentially saving millions on printing while also reducing fraud.

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