Moneysupermarket has paid a £20m special dividend to its investors after its profits rose by 346% to £8.8m in the first half of 2011.

The price comparison site's founder, Simon Nixon, will pocket around £10m from the 3.93p-a-share payment, according to The Telegraph.

Moneysupermarket saw a 57% rise in revenues from customers buying insurance in the first half of 2011.

The half-year profit rise was helped by investing £5.2m on offline marketing and £2.7m on techology, according to a company spokesman.

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.