Commercial insurance comparison platform Compare Insurance is celebrating a streak of prestigious award wins, impressing judges at both this year’s Hedron Network Awards and Broker Innovation Awards.
The Swansea firm was named Broker of the Year at Hedron Horizon 2024, competing against other major players within the insurance and risk management industry.
Just one day later, the firm bagged two additional wins at the Broker Innovation Awards, winning both Commercial Lines Broker of the Year and Independent Broker of the Year in the medium business category, with the judging panel impressed by the firm’s consistent growth, commitment to reskilling, and innovative approach to becoming a data-driven business, which has seen Compare achieve a 92% customer retention rate.
The triple award win follows a period of accelerated growth for the SME insurance specialists, spurred by significant investment into an advanced tech stack and dedicated team of data analysts, achieving 60% organic growth in the last 12 months.
Mark Thomas, Founder and CEO of Compare Insurance, said:
“I am so pleased for team to receive recognition for their incredible efforts they put in every day to help businesses with their insurance needs. We have achieved high growth over the last 12 months and still managed to maintain our Feefo customer satisfaction score of 4.7/5. This is due to the collective effort of every member of the team at Compare Insurance.”
The firm is now looking forward to three upcoming award ceremonies this quarter: the UK Broker Awards, where Compare have been nominated for the Marketing and Customer Engagement Award, the Insurance Times Awards for Digital Broker of the Year, and the Lloyds Bank British Business Excellence Awards, which have seen Compare shortlisted as finalists for the prestigious Lloyds Bank Small to Medium Sized Business of the Year award.
Founded in 2009 by serial entrepreneur, Mark Thomas, Compare has established itself as a leading platform enabling SMEs to compare business insurance solutions from more than 100 trusted commercial insurance providers. It has a team of more than 50 commercial insurance specialists and supports more than 14,000 SMEs per annum.
