Tesco Underwriting Revenue and Competitors

UK

Location

N/A

Total Funding

Insurance

Industry

Estimated Revenue & Valuation

  • Tesco Underwriting's estimated annual revenue is currently $57.4M per year.(i)
  • Tesco Underwriting's estimated revenue per employee is $242,000

Employee Data

  • Tesco Underwriting has 237 Employees.(i)
  • Tesco Underwriting grew their employee count by -1% last year.

Tesco Underwriting's People

NameTitleEmail/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$340.9M18348%$1.1MN/A
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What Is Tesco Underwriting?

Tesco Underwriting (TU) was set up in 2010 to underwrite Tesco Bank branded car and home insurance policies. It is a partnership between Ageas (UK) and Tesco Bank, with Ageas (UK) owning 50.1% and Tesco Bank 49.9%. Tesco Underwriting operates independently from either company with its own board, governance processes and management.

keywords:N/A

N/A

Total Funding

237

Number of Employees

$57.4M

Revenue (est)

-1%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Tesco Underwriting News

2022-04-06 - Tesco PLC's (TSCDF) CEO Ken Murphy on Q1 2022 Results - Earnings Call Transcript

The profit also included a £13 million contribution from Tesco underwriting, which is now fully consolidated following the acquisition that...

2022-04-06 - Tesco - strong year, but challenges ahead

Reduced Covid costs and a return to profitability for Tesco Bank helped underlying ... solely due to the acquisition of Tesco Underwriting,...

2022-04-06 - Where next for Tesco as bumper profits due

Sales at the banking division are expected to be up over a third due to the full ownership of Tesco Underwriting, while results are also...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$66.2M23710%N/A
#2
$46.9M237N/AN/A
#3
$70.4M2373%N/A
#4
$70.4M23718%N/A
#5
$26.6M2375%N/A