Compare The Market: Higher premiums help profit pass £200m insurance Compare The Market increased its revenue by almost £100m thanks to higher insurance premiums leading to more customers switching providers. The Peterborough-headquartered company has reported a revenue of £563.7m for the year to 30 June, 2024. The figure comes after the comparison site posted sales of £467.5m in its prior financial year. New accounts for [...]
Vitality: Profit on the up at health and life insurance giant insurance Health and life insurer Vitality returned to profit growth during the first six months of its current financial year, it has been revealed. The company, which is UK’s third-largest health insurer behind Bupa and Axa, has posted a normalised profit from £40m for the final six months of 2024. Its UK health division reported a [...]
Vitality: Health and life insurer slips into the red despite £100m sales boost insurance Health and life insurer Vitality slipped into the red despite its revenue surging by almost £100m during its latest financial year, it has been revealed. The London-headquartered group has posted a loss before income tax of £168,000 for the 12 months to 30 June, 2024, after having achieved a profit of £37.9m in the prior [...]
Vitality: ‘Why your health and life insurance premium won’t go down’ February 18, 2025 In this episode of Boardroom Uncovered, Neville Koopowitz, the chief executive of health and life insurance giant Vitality.
‘Once you legislate, people will rebel’: Why a vibes-based WFH policy is working for Vitality February 13, 2025 The debate-stirring issue of working from home (WFH) has never been far from the headlines so far in 2025. The likes of FTSE 100 giant WPP, Lord Alan Sugar and London Mayor Sir Sadiq Khan have all made waves with where they stand on the topic. Now Neville Koopowitz, the chief executive of health and [...]
Revenue doubles for health insurance provider Personal as Brits look for NHS alternative September 24, 2024 Personal Group, a London-listed workforce benefits and health insurance provider, has delivered double digit revenue growth across all areas, as the business credits its strategy
Replace the NHS with Social Health Insurance says think tank September 19, 2024 The IEA has called for a radical transformation of the NHS, proposing it be replaced with a Social Health Insurance system to improve healthcare outcomes in the UK
Jeremy Hunt backs calls to abolish NHS England September 19, 2024 Former health secretary Jeremy Hunt has backed calls to abolish NHS England amid a suite of reforms to how the service is managed. A new report from think tank Policy Exchange has argued for overhaul of NHS management structures, training and incentives to improve the system’s performance and productivity – as opposed to focusing on [...]
Spire Healthcare: High demand for private healthcare drives double-digit growth September 12, 2024 Spire Healthcare has reported a jump in revenue as the healthcare provider once again benefited from a high-performing private sector and a surge in medical insurance amongst working-age people. In its half-year results today, the FTSE 250-listed company, which is also the UK’s second-largest private healthcare group, said revenue was up 12.7 per cent to [...]
Aviva: Profit and sales jump at FTSE 100 giant as UK premiums surge August 14, 2024 Insurance giant Aviva reported that sales, operating profit and dividend were all up for HY 2024 as the group generated over £6bn in general insurance premiums