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Esure could go-it-alone from Go Compare

on Jun 7, 2016 | 0 comments

By John McCarthy

Insurance brand Esure is reportedly considering a move to separate itself from price comparison site Go Compare.

Having taken full control of Go Compare in 2014 for £95m, Esure announced that it may well “demerger” the brands.

Go Compare has arguably eclipsed Esure for brand recognition in recent years with the use of its divisive Gio Compario mascot.

In a shareholder meeting, Peter Wood, chairman of Esure said: “Now is the right time to review strategic opportunities for the Gocompare.com business, including a potential demerger, in order to continue to maximise value for our shareholders.”

Additionally, the company announced Matthew Crummack as Go Compare’s Read full story ›

Source: The Drum