UK Household Insurance: Market Dynamics and Opportunities

UK Household Insurance: Market Dynamics and Opportunities

Code: VF-248008 | Published: Aug-2015 | Pages: 37 | Verdict Financial
Price :
$3,450.00
USD

* Required Fields

$3,450.00

Details

The household insurance market, the second-largest personal lines product after motor in terms of GWP, remains highly competitive as insurers are attracted to the respectable profit levels being achieved. However, market saturation and overcapacity are very real problems, and insurers will have to think creatively if they want to succeed in this space.


Synopsis
- Ensure your strategy is robust against the key issues facing the household insurance market.
- Gauge the markets profitability, the factors that influenced its performance, and how insurers are adapting to this.
- Map your business plan against our forecasted GWP for the market.
- Analyze the key issues that will continue to affect the market going forward.

Reasons To Buy
- How has the market performed in 2014 and what are its future prospects?
- What are the key developments and issues shaping the household space?
- What impact is competition having within the market?

Key Highlights
While many insurers are currently focusing on mass market customers - the majority of whom are now buying combined policies − one area that offers significant growth opportunities is the tenants market, as penetration in this area is much lower.

Competition still plays a crucial role within the UK household insurance market, with insurers being attracted by respectable profit margins generated as a result of mild weather conditions.

The persistency in rates remaining soft has seen household insurance market GWP continue to fall further since 2011, with GWP in 2014 dropping to Pound6.7bn - a contraction of Pound300m (4.3%).

Table of Contents

0

Report Format

Following are different modes of Licenses.

a. Single User License:
This license allows only one person to use the report. This person can use the report on any computer and may take print outs of the report but must take care of not sharing the report (or any information contained therein) with any other individual or people. Unless you purchase a Site License or a Global Site License, a Single User License must be purchased for every single person that wishes to use the report within the same enterprise.

b. Single Site License:
This license allows unlimited users to use the report within one company location, e.g. a regional office. These users can use the report on any computer and may take print outs of the report but must take care of not sharing the report (or any information contained therein) with any other individual or people.

c. Global Site License:
A Global Site License (or Enterprise wide Site License or Global License) is a license granted to original purchaser, who can share a report with other employees and authorized Users of the same organization.

Quick Help

1. How do you deliver the reports?
The delivery of reports is depends on format & mode of license of report(s). Following are different kinds of formats of report(s) and their delivery options :

a. Electronic Format – Through email from Publisher
Report will be sent to your username email address in PDF, Excel, PowerPoint or any other electronic / softcopy format by publisher.
Delivery Time: 12 to 48 hours [depending on time difference or occurrences of national holidays]

b. Hard Copy or Printed Format or CD-Rom – Through Mail or Courier from Publisher
Report will be sent through mail / courier delivery to your shipping address by publisher.
Delivery Time: Less than, few weeks [depending on time difference or occurrences of national holidays]


2. How can I make payment for publications I purchase?
You could be able to make the payment, in following ways:

a. Online Secure Payment through Credit Card Payment : We accept Visa, Master, AMEX Cards & CCAvenue
b. Transfer of fund to our bank account via Bank transfer or Wire transfer
c. Payment via DD or Cheque
d. Paypal


3. Is it safe to use my credit card on MarketinfoResearch?
Your personal information and online tranaction on Marketinfo Research is secure, private, and tamper-proof. All credit card payments are processed through secure and trusted payment gateways.

If you have a more question about our publications please see our FAQs section or contact us now at cs@marketinforesearch.com.

CUSTOMERS WHO VIEWED THIS REPORT ALSO VIEWED

There are no reports matching the selection.

Browse similar reports by category:
Banking, Finance & Insurance
Verdict Financial

Our Clients