Mark Thomas, Founder and Director of Compare Insurance
Leading commercial insurance comparison platform, Compare Insurance, has accelerated growth by an impressive 60% over the last 12 months after investing in new technologies.
Originally founded by serial entrepreneur, Mark Thomas, in 2009, Compare Insurance enables SMEs to compare business insurance solutions from over 100+ trusted commercial insurance providers, including Allianz, Zurich and AXA to name a few.
Underpinned by a growing team of over 40 commercial insurance specialists committed to supporting business owners with their evolving insurance requirements, Mark and the Senior Leadership Team have worked hard to set the business aside from industry competitors over the last 15 years.
This includes the recent investment in dedicated team of data analysts and an advanced tech stack, comprising of AI-generated analysis of 100% of all interactions with clients. This has allowed Compare Insurance to drive dynamic, real-time pricing together with the latest digital marketing technology.
As such, Compare Insurance is fast-becoming one of the UK’s leading commercial insurance brokers, having accelerated growth by 60% during 2023 while maintaining its near 5-star customer rating as verified by review platform, feefo.
Mark Thomas, Founder and Director of Compare Insurance, confirmed: “Over the last 15 years, the Compare Insurance team and I have worked incredibly hard to build one of the UK’s leading comparison platforms for commercial insurance, while ensuring our customer needs remain central to everything that we do.
By investing in new and advancing technologies, we have been able to not only improve our service offering but also increase the number of enquiries we receive, which has really accelerated growth over the last year. This not only cements Compare Insurance as a leading commercial insurance brokerage, but also reinforces our dedication to customer service as affirmed by feefo.”
Headquartered in South Wales, Compare Insurance is committed to ensuring all clients receive the most competitive premiums with cover levels tailored to individual business needs, and successfully supports over 14,000 SMEs per annum.
In 2023, the commercial insurance comparison platform increased its income to over £3 million, of which over £1 million was new business. In turn, Compare Insurance is forecast is to scale growth by a further 50% during 2024.
For more information, visit: https://comparemyinsurances.com.
