|
(MoneyNewsWire.Net, May 08, 2018 ) UK Commercial Insurance Market report provides an in-depth study into commercial insurance distribution trends. It discusses the influence of the different purchasing behaviors of SMEs compared to larger corporate businesses, and pays particular attention to the role and strategy of brokers within product distribution. It also addresses challenges in the market and the impact of technology on consumer channel preferences, before concluding with a distribution forecast for the coming years.
Get Sample Copy Of This Report at http://orbisresearch.com/contacts/request-sample/2118848
Key Companies Mentioned:
AXA, Hiscox, NFU Mutual, Aviva, Allianz, Simply Business, HSBC, Santander, Lloyds, RBS, TSB, Towergate, Confused.com, Comparethemarket.com, Moneysupermarket.com, Gocompare.com, Barclays, Lloyds Bank, Arthur J. Gallagher, JLT, Marsh, Aon, Willis, AA, Saga, Tower Watson, Jelf, Insurance Times, Willis Tower Watson, Nimbla, Brolly, CoverBuilder, Cytora
Commercial insurance remains a highly competitive space, and the distribution of the market’s products continues to evolve. Brokers maintain a grip on the greatest share of the market, and the channel’s footprint saw a rise in premium share in 2016 according to Association for British Insurers (ABI) statistics. With enduring dominance in non-SME markets and fast-flow business, digital brokers are finding success even against the threat of the direct channel in the SME space.
Scope
- Brokers dominate the distribution of commercial insurance with a 79.0% share of the market.
- The broker landscape has been transformed by digital offerings via price comparison sites and innovative players.
- Acquisitions were a key trend in 2017, with consolidation a priority for brokers and insurers amid tough conditions.
Reasons to buy
- Adapt your distribution strategy to ensure it still meets the needs of clients and intermediaries.
- Ensure you remain competitive as new innovations revolutionize the purchasing journey for clients and brokers.
- Benchmark yourself against other players in the market.
- Be prepared for how technology is set to impact the commercial insurance market.
Enquire before Buying at http://orbisresearch.com/contacts/enquiry-before-buying/2118848
Customization of the Report
The report could be customized according to the client’s specific research requirements.
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Orbis Research
Hector Costello
+1 (214) 884-6817
sales@orbisresearch.com
Source: EmailWire.Com 
|
