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AI Insights · Timothy · April 2024

Leading Insurance Brands in the UK: Q1 2024 Insights

Explore the digital strategies and performance metrics of leading UK insurance brands in Q1 2024, highlighting Admiral Insurance, Hastings Insurance Services Limited, and Cuvva Ltd. Gain insights into their online presence, app engagement, and advertising strategies using Sensor Tower's data.

Leading Insurance Brands in the UK: Q1 2024 Insights

In the competitive landscape of the UK insurance market, several brands have emerged as leaders in terms of digital presence and audience engagement. This article explores the performance of three leading brands—Admiral Insurance, Hastings Insurance Services Limited, and Cuvva Ltd—during Q4 2023 to Q1 2024. Using Sensor Tower's comprehensive data, we analyze trends across web and app platforms, highlighting audience engagement and advertising strategies.

Admiral Insurance

Admiral Insurance has maintained a robust digital presence through its website, admiral.com, and the Admiral Insurance app.

  • Audience Trends: The website saw a significant increase in visits, peaking in January 2024 with over 9M visits. The monthly true audience consistently remained above 1M throughout Q1 2024, with a notable spike in March.

  • App Engagement: Monthly active users for the app grew steadily, reaching over 530K by March 2024, indicating a strong preference for mobile engagement.

  • Ad Spend & Channels: Monthly ad spend decreased towards the end of Q1 2024, with a focus on Facebook and Instagram channels, delivering substantial impressions.

Hastings Insurance Services Limited

Hastings Insurance, operating through hastingsdirect.com and the Hastings Direct Insurance app, demonstrated fluctuating trends.

  • Audience Trends: Website visits varied, with a peak in January 2024 at around 4.8M visits. The monthly true audience showed a steady increase, crossing 900K in the same month.

  • App Engagement: The app maintained strong engagement, with monthly active users exceeding 750K in January 2024, before stabilizing in subsequent months.

  • Ad Spend & Channels: Advertising efforts were concentrated on YouTube, with a peak monthly spend in January 2024, resulting in high impressions.

Cuvva Ltd

Cuvva Ltd offers insurance solutions through cuvva.com and the Cuvva app.

  • Audience Trends: The website experienced a steady flow of visits, maintaining around 1.6M visits in January 2024. The monthly true audience witnessed a significant rise, reaching over 370K by March 2024.

  • App Engagement: App engagement remained stable, with monthly active users surpassing 240K in March 2024, indicating consistent user interest.

  • Ad Spend & Channels: Cuvva's advertising strategy was diverse, with significant investments in Facebook and Instagram, generating high impressions across these platforms.

Conclusion

The UK insurance market continues to thrive with dynamic digital strategies. Admiral Insurance, Hastings Insurance Services Limited, and Cuvva Ltd have each shown unique strengths in web and app engagement. Sensor Tower’s unparalleled data insights offer a critical understanding of cross-platform user behavior, empowering brands to optimize their digital presence. For detailed insights, explore Sensor Tower's Web Insights, App Performance Insights, and Pathmatics tools.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2024