Admiral Group has posted a 23% increase in full-year pre-tax profit to £147.3m compared with £119.5m a year earlier.

The company said its online price comparison unit, Confused.com, contributed £23m to pre-tax profit.

The company reported full-year net revenue of £311m compared with £263.1m a year ago.

It added that 2006 was a challenging, but productive year and that it expected to launch a direct operation in Germany in late 2007, saying that it was a good internet market.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.