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Product Insights
NewUnited Kingdom (UK) Private Landlord Insurance Market Analysis and Competitive Landscape
This report estimates the size of the UK’s residential landlord insurance market and explores how it has changed in recent years at a time when the buy-to-let sector has been hit by a swathe of regulatory changes. The report discusses drivers of the buy-to-let and private residential markets, which can directly impact the private landlord insurance market. The report presents market size forecast data to 2028. We estimate that the gross written premium (GWP) for the residential landlord insurance market...
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Analyst Opinions
NewUnited Kingdom (UK) Private Medical Insurance Distribution Dynamics by Channels and Future Market, 2023 Update
United Kingdom (UK) Private Medical Insurance (PMI) Market Report Overview The UK private medical insurance (PMI) market research report explores how consumer purchasing preferences for private medical insurance have changed. The UK private medical insurance market research report gives an insight into the consumer purchasing preferences for private medical insurance in the UK. The report discovers the factors influencing customers when purchasing a policy and reveals the most popular PMI insurance providers in the market. New trends and innovations are...
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Sector Analysis
NewUnited Kingdom (UK) Critical Illness Insurance Distribution Dynamics and Future Market
United Kingdom (UK) Critical Illness Insurance Market Report Overview The COVID-19 pandemic has left a lasting impact on consumers, highlighting the importance of mental and physical well-being and boosting awareness around the advantages of critical illness coverage. The total critical illness insurance market premiums was GBP28.7 million in 2022 and it will grow at a CAGR of more than 7% from 2022 to 2027. The UK critical illness insurance market research report explores consumer purchasing behaviors for critical illness insurance...
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Product Insights
NewUnited Kingdom (UK) Travel Insurance Distribution Dynamics by Channels and Future Market, 2023 Update
United Kingdom (UK) Travel Insurance Market Report Overview The UK travel insurance market research report offers insights into consumer purchasing decisions within the travel insurance scenario and discusses their influence on the market over the next few years. In 2023, more than 24% of travel insurance purchases were via PCWs, which suggests that consumers want more details from their providers about their coverage levels, policy options, and premium pricing. Additionally, single-trip policies maintained their popularity during the year Leading Distribution...
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Product Insights
NewUnited Kingdom (UK) Employers’ Liability Insurance Market Trends, Competitor Dynamics and Opportunities
This report tracks the health and shape of the employers’ liability market - taking into account market size, profitability, performance ratios, and the claims environment. The UK’s economic growth, business landscape, and cost-of-living crisis are all taken into consideration to build a full picture of this space. Key shifts in the market and likely future changes are analyzed for impact across all relevant stakeholders. The employers’ liability market is expected to grow by 9.2% in 2023, following strong growth of...
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Product Insights
NewMicromobility in Insurance – Market Trends and Dynamics, 2024
Micromobility in Insurance Market Report Overview Micromobility is a term used to describe the range of lightweight vehicles designed for one or two people. It largely constitutes bicycles, e-bikes, and e-scooters and is a particularly popular form of first- and last-mile transport in urban environments. City planners and policymakers are using micromobility to encourage less private vehicle usage as part of their net-zero strategies. Shared mobility services are growing in popularity across most major cities as younger consumers make use...
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Analyst Opinions
NewUnited Kingdom (UK) Term Assurance Distribution Dynamics by Channels and Future Market, 2023 Update
United Kingdom (UK) Term Assurance Market Report Overview The UK term assurance market will be mainly driven by technological innovations and regulatory developments. The UK term assurance market research report explores consumer purchasing behaviors for term assurance in the country.  The report provides valuable insights into the trends and innovations that will shape the UK assurance market in the coming years. Key Type ·       Non-Mortgage-Related Term Assurance ·       Mortgage-Related Term Assurance Key Channels ·       Insurers ·       Broker/IFA ·       Price Comparison...
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Company Insights
NewElevance Health – Digital Transformation Strategies
Elevance Health Digital Transformation Strategies Overview Elevance Health is tapping the power of big data analytics to analyze data and generate insights, improve member engagement, and detect fraudulent claims. AI, big data, cloud, and automation are among the key technologies under focus for the company. The annual ICT spending of Elevance Health was estimated at $3.8 billion in 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. Elevance Health Inc...
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Product Insights
NewUnited Kingdom (UK) Professional Indemnity Insurance Market Dynamics, Trends, Opportunities and Future Market, 2024 Update
UK Professional Indemnity Insurance Market Report Overview The UK professional indemnity insurance (PII) market was worth GBP3.3 billion in 2023. With improved profitability, capacity is returning to the market, both in the form of new entrants and existing insurers which have ambitious growth targets. Premium rates are therefore now stable or declining and market growth is forecast to be much slower by 2028. However, market conditions remain very profession-specific and are affected by the size and profile of risk. Professional...
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Product Insights
NewUnited Kingdom (UK) Pet Insurance Distribution Dynamics by Channels and Future Market, 2023 Update
United Kingdom (UK) Pet Insurance Market Report Overview In 2023, less than 40% of all customers renewed their policies with their existing provider. Customers preferred to renew policies for both dog and cat insurance. This year the proportions of customers who shopped around for dog and cat insurance grew by more than 1 pp compared to 2022. The United Kingdom (UK) Pet Insurance Distribution Dynamics by Channels and Future Market report explores how purchasing preferences have changed over time. It...