Group Structure
Internet business
The Group's principal business division is its internet business which accounted for approximately £172m, or 96%, of revenues in the financial year ended 31 December 2008. The Group operates the UK's leading finance price comparison website and a leading UK travel price comparison website.
The Group's internet business was established in 1999 and currently operates across four verticals, Money, Insurance, Travel and Home Services, covering 42 price comparison channels.
Intermediary business
Until 2008 the Group operated an offline intermediary business. This was a business-to-business offering established in 1993 and was the original business model from which the Group has grown. The intermediary business provides mortgage sourcing and information systems and related software, administrative, compliance and other support services to financial intermediaries in the UK. The intermediary business generated approximately £6.3m, or 4%, of Group revenues in the financial year ended 31 December 2008. The Group has now exited this business.
