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UK Insurance Aggregators 2009

Datamonitor, Dec 2009, Pages: 69


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This comprehensive report provides insight into the market size of aggregator-instigated sales of private motor and home insurance and examines key competitor developments that have taken place in the market. It also analyses the impact of advertising on the sector and forecasts the future growth of the channel in the home and motor insurance sectors.

Scope

- Consumer behavior analysis based on Financial Services Consumer Insight survey.

- Profiles of the leading aggregators including information on financials, sales figures, product coverage and company strategy.

- Market sizing data on the market share of aggregators in the home and motor insurance markets.

- Forecasts of aggregator-instigated sales in the home and motor insurance sectors.

Highlights of this title

Aggregator-instigated new business has grown substantially in the home insurance market. In 2007, sales initiated by aggregators accounted for just 2% of new business in the home insurance market and Datamonitor estimates that this figure has now reached 10%.

Competitive pressures have continued to intensify in the market since 2006, when a number of new players such as Gocompare.com and Comparethemarket.com entered the space. Since their launch, these two brands along with TescoCompare.com have been quickly able to establish themselves as strong competitors in the market.

Key reasons to purchase this title

- Assist in planning your aggregator strategy.

- Understand the market potential for aggregators.

- Gain insight into the main trends affecting the aggregator market.




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