Compare the Market is owned by the BGL Group (Budget Group Limited), which is part of the Peterborough-based BHL (Budget Holdings Limited) group. It is majority-owned (70%) by BHL, which is controlled by the family of insurance tycoon Douw Steyn, with the remaining 30% held by CPP Investments.
Compare the Market is part of the BGL Group, which also includes lesfurets, a leading comparison business in France. The Group is majority-owned by BHL (UK) Holdings Limited, with minority ownership by CPP Investments.
Compare the Market is owned by Budget Holdings Limited which also owns insurance underwriting giant Auto and General encompassing brand names such as Budget Direct.
The top insurance companies vary by category (life, health, home) and region (US, UK), but globally, UnitedHealth Group, Berkshire Hathaway, Ping An, China Life, and Prudential Financial often rank high by revenue/assets, while UK leaders include Aviva, LV=, Vitality, Bupa, and Legal & General, praised for customer satisfaction in specific areas like life and health, according to early 2026 data.
Introducing Maurice, CEO and Founder of Compare The Market
Who is bigger, Suncorp or IAG?
Four companies account for three-quarters of the general insurance market. They are Insurance Australia Group (IAG) with 29% of the market, Suncorp with 27%, QBE with 10%, Allianz with 8%. Some general insurance is provided by government schemes or government insurers.
The main "Compare the Market scandal" involved the UK's Competition and Markets Authority (CMA) fining the price comparison site £17.9m in 2020 for breaching competition law via "most favoured nation" (MFN) clauses that prevented insurers from offering lower prices on rival sites, leading to potentially higher premiums for consumers and restricted competition. However, a tribunal later overturned this fine and awarded the company costs, revealing the initial ruling might have been flawed, though the practice itself highlighted issues with how comparison sites manage pricing and commissions.
“The Comparethemarket meerkats are fictional characters,” said a spokesperson for the company, which is owned by the Peterborough-based financial services firm BGL. “They have no association with Russia and the current situation.
The auto insurance company with the most complaints is United Automobile Insurance, which gets roughly 40 times more complaints than the average insurer its size, according to the latest NAIC complaint index. Companies with a score above the market average of 1 receive more complaints than the average insurer.
Rob Clancy is currently the Chief Executive Officer at Comparethemarket.com.au. Prior to this, Rob held various leadership positions at Bank of Queensland, St. George Bank, and National Australia Bank.
Compare the Market is one of the UK's leading digital comparison platforms. With comparisons for insurance, utilities and money products, we exist to help customers make better financial decisions and save money.
Qatar Airways, the largest shareholder of IAG, switched to Avios as its frequent flyer currency in March 2022. Fellow oneworld alliance member Finnair also adopted Avios as its currency for Finnair Plus in March 2024.
Elon Musk has reclaimed his position as the world's richest person after briefly losing the title to Oracle co- founder Larry Ellison earlier this week. Musk's net worth rose to 384.2 billion, edging past Ellison's 383.2 billion, following a surge in Tesla's stock price.
No, {Link: Tesco is not Israeli-owned; it's a British multinational retailer founded by Polish Jewish immigrant Jack Cohen, now owned by institutional investors and publicly traded on the London Stock Exchange. While its founder had Jewish heritage and the company has faced scrutiny over stocking Israeli-sourced goods, Tesco is a British entity with global shareholders, not Israeli ownership.
Allianz has slightly better ratings than AAMI on popular review websites. However, it scored lower in our Customer Satisfaction awards. Allianz scored 4.19/5 and AAMI scored 4.32/5. "Easy to use app, low premiums, easy to understand policies."
