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UK General Insurance Competitor Tracker Q2 2009
Datamonitor, July 2009, Pages: 12
The UK General Insurance Competitor Tracker Q2 2009 reviews the major developments among the leading competitors in the UK general insurance market including Aviva, RBS Insurance, AXA, RSA and Zurich. It includes information on a range of issues including new product launches, new affinity partnerships and other trading relationships and merger and acquisition activity.
Scope
- Information on new product developments, acquisition activity, new corporate partnerships and other new trading relationships.
- Insight on the following competitors: Allianz, AXA, Aviva, Fortis, Groupama, The Lloyds Banking Group, RBS Insurance, RSA, Towergate and Zurich.
Highlights of this title
In June 2009, AXA announced that it had secured a new partnership with low-cost airline Ryanair. The airline currently has 67 million customers. Under the deal, AXA will provide travel insurance to Ryanair customers in the form of single trip, multi trip and annual cover.
Fortis Insurance and the supermarket giant Tesco have signed an agreement pursuant to which Fortis will take over as Tescos home and motor insurance underwriter. The account is one of the largest in the market and should significantly increase Fortis market share.
Groupama is using cognitive interviewing techniques to improve its detection of motor claims fraud. The insurer stated that a new team had undergone rigorous and comprehensive training to enable the use of this highly specialized technique.
Key reasons to purchase this title
- Keep up to date with the new trading relationships that your competitors have entered into, including deals with affinity partners.
- Understand the new products which your competitors are bringing to market, the main features of these products and the intended target market.
- Keep abreast of the insurance company or broker acquisitions that your competitors are making.
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