Activequote
| Limited company | |
| Industry | Price comparison service |
| Founded | 2009 |
| Headquarters | Cardiff, United Kingdom |
Area served | United Kingdom |
| Website | ActiveQuote.com |
ActiveQuote.com is a price comparison service which sells in health and protection insurance and technology to Gocompare.com, Confused.com, uSwitch and Moneyhelpline.[1]
Business model
ActiveQuote's comparison services have been developed by Softswift[2] to create a free-to-use service for UK customers. ActiveQuote makes profit by earning commission from the insurer for each customer who takes out a policy via their website and broker service. ActiveQuote is fully authorised by the Financial Conduct Authority to sell non-investment insurance products.[3]
Company history
The company was founded in 2009 as ActiveQuote Health Ltd and then later renamed ActiveQuote Ltd in 2014[4] trading as ActiveQuote.com.[5]
The comparison technology has been white-labelled for Confused.com,[6] Gocompare.com,[7] uSwitch[8] and Moneyhelpline[9] under their own respective brand names.
In 2012, ActiveQuote launched their income protection insurance and life insurance comparison in April and November respectively.[10] This led to an office expansion at their premises in Cardiff Bay to facilitate the growth of the business.[11]
In 2014, ActiveQuote was awarded a grant of £600,000 from the Welsh Government to assist with a job growth scheme involving the recruitment of an additional 70 staff.[12]
Awards
ActiveQuote was nominated for the Start-Up Company of the Year Award in 2012 at the Western Mail/IWA Business Awards.[13]
At the 2014 Fast Growth 50 Wales awards ActiveQuote was named the Fastest Growing Firm in Cardiff and the 6th Fastest Growing Firm in Wales.[14]
ActiveQuote were named the Most Promising Growth Business at the 2015 Welsh Business awards run by the South Wales Chamber of Commerce.[15]
In September 2015 Richard Theo, Managing Director of ActiveQuote, was named Entrepreneur of the Year at the 2015 Cardiff Business Awards at Cardiff City Hall. [16]
References
- ↑ "ActiveQuote - About Us". ActiveQuote.com. Retrieved 2015-01-21.
- ↑ "Softswift". softswift.com. Retrieved 2015-01-21.
- ↑ "The Financial Services Register - ActiveQuote Ltd". Financial Conduct Authority. Retrieved 2015-01-21.
- ↑ Companies House Web Check service , Company number 06765845, access date 21 January 2015.
- ↑ "ActiveQuote". ActiveQuote.com. Retrieved 2015-01-21.
- ↑ "Confused.com - Health Insurance". Confused.com. Retrieved 2015-01-21.
- ↑ "Gocompare.com - Health Insurance". Gocompare.com. Retrieved 2015-01-21.
- ↑ "uSwitch - Health Insurance". uSwitch.com. Retrieved 2015-01-21.
- ↑ "Moneyhelpline - Guide to Health Insurance". moneyhelpline.com. Retrieved 2015-01-21.
- ↑ "ActiveQuote launches new life insurance comparison service". Financial Reporter. Retrieved 2015-01-21.
- ↑ "ActiveQuote Health expands space". Wales Online. Retrieved 2015-01-21.
- ↑ "ActiveQuote finance firm creates 70 jobs at Cardiff Bay". BBC website. Retrieved 2015-01-21.
- ↑ "Young achiever finalists hoping for success at annual Business Awards". Wales Online. Retrieved 2015-01-21.
- ↑ "ActiveQuote Health (Cardiff)". Fast Growth 50. Retrieved 2015-01-21.
- ↑ "Welshpool technology firm Invertek Drives crowned Welsh Company of the Year". Wales Online. Retrieved 2015-03-09.
- ↑ "IQE named inaugural Cardiff Business of the Year while the huge economic contribution of Henry Engelhardt recognised". Wales Online. Retrieved 2015-09-21.