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UK Bancassurance 2009

Datamonitor, Dec 2009, Pages: 59


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With the UK bancassurance sector operating in an environment with changing regulatory proposals and challenging market conditions, Datamonitor assesses the attractiveness of the bancassurance channel, and concludes that while bancassurers will struggle to maintain their share of the life and pensions market, the Retail Distribution Review presents opportunities for the sector.

Scope

- Comprehensive analyses of key consumer behaviors, product and regulatory trends affecting the UK bancassurance industry in 2009.

- Examines the current shape of the bancassurance market and explores factors that are currently limiting banks' ability to sell investment products.

- Assesses the key changes to differing bancassurance business models that are needed for future success in the bancassurance market.

Highlights of this title

The recent failures of the financial industry, along with losses many policy holders have suffered to their savings and investment portfolios and pensions, have highlighted the diminishing trust between consumers and their banks.

With results from The Financial Services Consumer Insight (FSCI) survey revealing that public trust in banks is high compared to insurers and financial advisors or brokers, bancassurers have a clear opportunity to make inroads into the market share of independent advisors.

Key reasons to purchase this title

- Access The consumer insight and detailed analysis of the complexities of the current bancassurance market.

- Identify the current changes taking place in the distribution landscape, and the issues and developments facing the bancassurance channel.

- Understand the future of the market and the way in which the bancassurance channel is likely to develop over the next five years.




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