Aggregators
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.
Blog: Diff'rent strokes to move the world (of insurance)
As a popular 1970s/80s US sitcom noted: ‘the world don't move to the beat of just one drum; what might be right for you, may not be right for some' - a theme tune that is as relevant to insurance markets as it is in the wider world.
Experian and Confused partner on fraud detection offering
Experian is to work with aggregator Confused.com to offer insurers the ability to understand fraud risk at the point of quote, Post can reveal.
IWDC14: Acquisition boom predicted as insurers look to bolster digital strategies
Digital start-up companies, telematics providers and aggregators are being increasingly targeted for acquisition by insurers that are planning to establish a stronger foothold within the evolving digital environment.
Webinar: Imagining a market beyond price comparison
Earlier this year the aggregator space has found itself in the crosshairs of the latest Financial Conduct Authority (FCA) thematic review.
Blog: The Flat Pack – Affinity insurance deals that failed to catch on
Ikea has long been touted as a good candidate for an insurance affinity tie-up given its brand and store footfall.
Expert analysis: Picking up speed
IGO4’s latest analysis of the aggregator market reveals the increasing prevalence of telematics and the softening of household rates
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.
CMA private motor market report: Mooted ‘wide’ MFN clause ban could offset rate rises resulting from CMA inaction
Authority’s decision not to intervene on credit hire costs ‘a bitter pill to swallow’
Online buying habits fueling application fraud, says Coupland
Changing distribution channels are partly to blame for the current rise in application fraud, according to SSP head of data strategy Adrian Coupland.
Go Compare sees turnover rise 4.6%
Aggregator Go Compare has reported a 4.6% increase in turnover for the year ended 31 December 2013 to £109.9m (2012: £105.1m).
Interview: Mike Ramsay, senior director, Alliance
Andrew Tjaardstra speaks to Mike Ramsay, director and co-founder of Alliance, who is bullish about his broker’s prospects.
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.
Post Intelligence Docu-Video: How can the industry tackle application fraud?
While claims fraud continues to grab the most headlines, insurers and brokers are now focusing as much attention on fraud at the point of quote.
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).
Tesco Compare to close next month
Tesco is to shut down its price comparison website Tesco Compare from 31 August.
The commodity trap
Traditional insurers can be left feeling they can compete only on price - especially as competitors from the retail space continue to make headway into the market
DLG seeks action on PCWs' ranking of monthly premiums
Direct Line Group is calling for greater clarity around the way price comparison websites rank premiums when a consumer has opted to pay monthly.
Biba calls for level playing field for aggregators
The British Insurance Brokers' Association is urging the Financial Conduct Authority to act on the findings of its thematic review of price comparison websites by ensuring aggregators meet customer expectations.
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.
ABI seeking better clarity for customers on renewals
The Association of British Insurers is asking the Financial Conduct Authority to regulate on a minimum standard of information for companies to give customers when renewing their motor or home insurance policy.