UK Personal Lines Insurance-Distribution and Marketing 2017

(MoneyNewsWire.Net, May 16, 2018 ) "UK Personal Lines Insurance: Distribution and Marketing 2017", explores customer purchasing behavior and how consumer preferences are changing over time. The report uncovers the differences, expected market share, key insurance brands, and footprint by product each key distribution channel accounts for. It also provides a forecast on how the personal lines distribution split will evolve over the next few years, and looks into the key trends and new propositions that will shape the industry.

In the midst of an insurtech revolution, the personal lines distribution space faces a number of new challenges to the status quo and a raft of opportunities to better engage with customers. Consumers are increasingly opting to purchase direct from insurers, which is perhaps unsurprising given the rising use of online and smartphones to purchase cover. This has come at the cost of brokers, which have the challenge of embracing technology but the risk of losing channel differentiation with direct players.

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Scope:

- The direct channel is pulling away from the broker space as the most frequently used channel by personal lines insurance customers. It has benefitted from increased use of technology, improving the ability to sell straight to customers.

- The banking and affinity channels' share of insurance distribution remain static due to a combination of good access to consumers but little innovation.

- Our 2017 UK Insurance Consumer Survey found that Comparethemarket.com was the most popular comparison site used to purchase all four sub-categories of personal insurance in 2017.

Reasons to buy:

- Understand consumer purchasing decisions and how these will influence the market over the next few years.

- Improve customer engagement by recognizing what is most important to consumers and how the purchasing journey can be developed to meet their needs.

- Discover the most selected providers across each key distribution channel, and which of these channels boasts the best customer loyalty.

- Have a view on which insurance brands and products account for the lion's share of marketing spend.

- Discover the top 50 brokers in the UK, with profiles on the top five.

- Read about key emerging players, with profiles on start-ups and apps in the major channels.

Inquire before Buying@ http://www.reportsweb.com/inquiry&RW00011465184/buying

Companies Mentioned:

Aviva

Admiral

Direct Line

Churchill

Petplan

Animal Friends

AXA

Insure & Go

Hastings

Saga

AA

Swinton

Bought By Many

Staysure

Barclays

Lloyds Bank

Halifax

Tesco

Co-op Insurance

M&S Bank

Santander

HSBC

Natwest

Boots

Pets at Home

Asda

Morrisons

Sainsbury's

Thomas Cook

Comparethemarket.com

Moneysupermarket.com

Confused.com

Gocompare.com

LV=

Homeserve

Age UK

RIAS

Uki Partnerships

Bupa

RAC

NFU Mutual

Back Me Up

Ageas

Cuvva

Metromile

Amazon

Policy Genius

Brolly

Wrisk

Neos

Petrics

Insure The Box

Hastings Direct

Swinton

Adrian Flux

A-Plan

Arthur J. Gallagher

SimpleSurance

Claims Made Easy

N26

UK General

CompareChecker

The Zebra

ReportsWeb.com

Rajat Sahni

+1-646-491-9876

sales@reportsweb.com

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