UK Private Motor Insurance: Competitor Dynamics

Publisher Name :
Date: 31-Aug-2016
No. of pages: 18

Summary

The UK Private Motor Insurance market is a highly competitive market. Insurers are struggling to make their books profitable, as claims continue to prove challenging. The number of insurers active in this market makes it hard to generate rate increases on top of the rise in insurance tax. With more regulation likely, insurers are continually looking at different ways to deliver competitive advantage.

Key Findings


  • The top 10 insurers account for 65.5% of the market.

  • Co-op Insurance replaced RSA in the top 10 private motor insurers list.

  • Half of the top 11-20 private motor insurers reported GWP growth in 2015.

  • Covea delivered a profitable book, while others struggled.


Synopsis

Verdict Financial's "UK Private Motor Insurance: Competitor Dynamics" report is one of a series of reports providing a high-level look into insurer activity during the last year within a product area, and benchmarks the leading insurers against each other. Each report looks at the top 10-20 players to see how they have performed, but also to see how they have changed their overall proposition.

Reasons To Buy


  • Benchmark yourself against other players in the market.

  • Adapt your proposition to gain competitor advantage.


Companies Mentioned


  • Direct Line Group

  • Aviva

  • Ageas

  • LV=

  • Munich Re

  • AXA

  • esure

  • Allianz

  • Co-o Insurance

  • Covea

  • RSA

  • NFU Mutual

  • Admiral

  • Binomial

  • Zurich

  • MSandAD

  • Catlin

  • BNP Paribas

  • Chubb

  • AIG Europe

UK Private Motor Insurance: Competitor Dynamics

Table of Contents

N/A

  • Packaging Sector Driven By Innovation
    The financial development in numerous emerging nations has significantly influenced the progress of quite a lot of sectors, the packaging industry being one of them. The swell in transport undertakings outfitting to a substantial number of industries such as manufacturing, consumer goods, food and beverages, and others rest essentially on sturdy and resilient packaging solutions [...]
  • Global Eyewear Market To Gain From Increased Demand For Disposable Contact Lenses
    The global eyewear market was worth US$ 102.66 billion in 2015 and is predictable to reach US$ 184.03 billion by 2024. The rising population and upsurge in the number of optical disorders are likely to propel the industry in the near future. Moreover, the increasing cognizance amongst people as regards to the prominence of eye [...]
  • Global mHealth Market To Become A Multi-Billion Dollar Industry By 2020
    The mHealth market is in its embryonic stage and is projected to produce substantial profits with amassed awareness level and encouraging regulatory guidelines particular to the quality and practicality of mobile-based medical devices. The global mHealth market is projected to touch US$ 49.12 billion by 2020 rising at a CAGR of 47.6% from 2013 to 2020. Monitoring services [...]
  • Efficacy of Stand-alone Power Sources Drive The Global Distributed Energy Generation Market
    The global market for distributed energy generation is expected to magnify at a momentous CAGR of 11.4% between 2016 and 2020. The small-scale generation of electricity, oscillating from a few kilowatts to multitudes of megawatts, is denoted as distributed energy generation. In this process, power is usually produced using renewable resources or by generators during consumption. [...]
  • Global Organic Food Market Makes A Mark in Developed Economies
    Buyers throughout the world are becoming more and more health cognizant, which has occasioned in an alteration in their palates and inclinations. The global organic food market was worth US$88.1 billion in 2015 is anticipated to record a CAGR of over 16% between 2015 and 2020. Amongst the various different food products available, the fruits [...]
  • Non-Life Insurance in Hungary, Key Trends and Opportunities to 2020
    Published: 24-Jan-2017        Price: US 1450 Onwards        Pages: 140
    Synopsis Timetric's 'Non-Life Insurance in Hungary, Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Hungarian non-life insurance segment, and a comparison of the Hungarian insurance industry with its regional counterparts. It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets and total investment income during the review......
  • Household Insurance in the UK - Key Trends and Opportunities to 2020
    Published: 18-Jan-2017        Price: US 2795 Onwards        Pages: 87
    Synopsis Timetric's 'Household Insurance in the UK - Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into UK household insurance, including: The UK household insurance business growth prospects by segment and category A comprehensive overview of the UK household economy and demographics The detailed competitive landscape in the UK household insurance market The variou......
  • Non-Life Insurance in Malaysia, Key Trends and Opportunities to 2020
    Published: 10-Jan-2017        Price: US 1450 Onwards        Pages: 140
    Synopsis Timetric's 'Non-Life Insurance in Malaysia Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Malaysian non-life insurance segment, including: The Malaysian non-life segment's detailed outlook by product category A comprehensive overview of the Malaysian economy and demographics A comparison of the Malaysian non-life insurance segment with its regional counterpar......
  • UK Personal Lines Insurance: Distribution and Marketing 2016
    Published: 03-Jan-2017        Price: US 1295 Onwards        Pages: 30
    Summary 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. New approaches are perhaps most needed by a broker channel that needs to find a reinvigorated sense of its unique benefits, as it has slipped behind the direct channel for share of business. The future of the banking and retail/affinity channels meanwhile depends on the ......
  • Non-Life Insurance in Peru, Key Trends and Opportunities to 2020
    Published: 31-Dec-2016        Price: US 1450 Onwards        Pages: 121
    Synopsis Timetric's 'Non-Life Insurance in Peru Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Peruvian non-life insurance segment, including: The Peruvian non-life segment's detailed outlook by product category A comprehensive overview of the Peruvian economy and demographics A comparison of the Peruvian non-life insurance segment with its regional counterparts ......
  • Non-Life Insurance in Canada, Key Trends and Opportunities to 2020
    Published: 28-Dec-2016        Price: US 1450 Onwards        Pages: 157
    Synopsis Timetric's 'Non-Life Insurance in Canada Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Canadian non-life insurance segment, and a comparison of the Canadian insurance industry with its regional counterparts. It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retent......
  • Non-Life Insurance in Italy, Key Trends and Opportunities to 2020
    Published: 28-Dec-2016        Price: US 1450 Onwards        Pages: 126
    Synopsis Timetric's 'Non-Life Insurance in Italy Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Italian non-life insurance segment, and a comparison of the Italian insurance industry with its regional counterparts. It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retention......
  • Non-Life Insurance in Singapore, Key Trends and Opportunities to 2020
    Published: 27-Dec-2016        Price: US 1450 Onwards        Pages: 134
    Synopsis Timetric's 'Non-Life Insurance in Singapore Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Singaporean non-life insurance segment, and a comparison of the Singaporean insurance industry with its regional counterparts. It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income a......
  • UK Household Insurance: Distribution and Marketing 2016
    Published: 14-Dec-2016        Price: US 1295 Onwards        Pages: 45
    Summary The direct channel remains the preferred way to purchase home insurance and has gained market share across all three products (contents, buildings, and combined) in 2016. The banking channel is also growing due to the improvement of the UK housing market, which has increased the capacity for mortgage providers to cross-sell insurance. Brokers are losing share as more customers want to purchase independently online. Retailers have also lost share, but remain co......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs