ActiveQuote celebrates 10 years of success!
It was the year Barack Obama became the 44th President of the United States of America, Slumdog Millionaire swept the film awards and the ‘Miracle on the Hudson’ occurred when a flight came down on the Hudson River - and ActiveQuote was born!
The year was 2009 when technology entrepreneur Richard Theo had a vision for an online health insurance comparison service. He was told it wasn’t possible or commercially viable but, with a great deal of determination and drive, Dr Theo launched ActiveQuote.com anyway - and we’re now celebrating our 10th birthday!
In the last decade, ActiveQuote has risen from those small beginnings to a health insurance industry leader achieving groundbreaking success. Following a celebratory staff party in Cardiff’s Revolution earlier this month, we’re now looking forward to an exciting new phase of growth, including further expanding our staff by 25% in the coming year!
The health insurance comparison website once dismissed as ‘impossible’ today enables customers to tailor-make policies by adding or removing options such as dental insurance and hospital cover, as well as selecting an excess they can afford. We’re extremely proud of creating the world’s first column-based insurance comparison service, providing an overview of product features rather than simply focusing on the price - which we think is essential, given the sensitive nature of private medical insurance!
In 2015, Dr Theo was named Technology Entrepreneur of the Year at the Entrepreneur Wales Awards. The following year, ActiveQuote was ranked 84th in the Sunday Times Hiscox Tech Track 100 - Britain's top 100 private technology companies - becoming the first Welsh company to feature, with the fastest-growing sales over the previous three years.
Also during 2016, we were awarded the Queen's Award for Enterprise: Innovation, which recognises outstanding achievement in innovation for commercial success. The award was given for our use of technology in simplifying the UK health and income protection insurance markets. ActiveQuote also won the Fastest Growing Business award in the Professional and Financial Services sector in the Fast Growth 50 list, which recognises the talent, perseverance and hard work of Welsh entrepreneurs creating wealth and employment in Wales.
In 2017, we featured for the second year in the Sunday Times Hiscox Tech Track 100, listed number 83 after reporting yearly growth of 49%. ActiveQuote also won the Fast Growth 50’s Sustainable Growth award in 2014, 2015, 2016 and 2017.
ActiveQuote CEO Rob Saunders said: “A combination of new partnerships and the continuous development of our products and services has meant that we have seen continued growth in recent years. We are really excited about the future for ActiveQuote and looking forward to expanding the team.”
Currently, with 160 staff employed at our headquarters in vibrant Cardiff Bay, we’re planning to increase the headcount to 200 in 2020. In particular, we’ll be looking to fill roles in DevOps and sales.
ActiveQuote.com is the UK’s leading comparison website and broker of health and protection insurance products, including health insurance, income protection, life insurance and critical illness cover. We deal directly with each insurance company to bring the best prices available to our customers and can often identify ways to reduce premiums without compromising the level of cover offered.
To find out more, call us free on 0800 862 0373 or visit our website.