Comparethemarket.com and other comparison websites may be the “enemy” of the insurance broker but there’s no denying the ability of their TV commercials to implant themselves into our heads. That’s why it was perhaps so “simples” for BGL Group, the name behind the comparison giant, to rack up record profits and revenue in the first half of this year.
The financial services giant, which also owns brands LesFurets.com and Beaglestreet.com, recorded revenue of £660.9 million, up 13%, in the period ending June 30, 2018. Underlying profit before tax was up 16% to stand at £146.9 million. Customer numbers across the group, meanwhile, climbed 12% to reach 9.5 million.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.