The brief is an invaluable guide to the UK wedding insurance market, providing insight into competitor strategies as well as overall market growth and trends. It investigates this niche market uncovering how insurers and providers sell these products, the size of these markets and the competitive landscape.
Scope
- Insight into the different methods of distributing wedding insurance products and the changes in the landscape.
- Analysis of the current competition and challenges facing providers in selling wedding insurance products in future.
- The latest market developments in the wedding insurance marketplace.
- A discussion of the main factors affecting the wedding insurance market in the future.
Highlights of this title
The UK wedding insurance market is profitable for insurers. The relatively low claims frequency makes this an attractive industry for all those involved.
A clear consensus among most industry players is that there is stronger demand for wedding insurance as a result of the recession. Providers therefore need to capitalize on this by raising awareness and educating the customer as to the benefits of taking out such a policy.
Besides standard multi-tier wedding insurance cover, most insurers offer greater coverage through add-ons to the policy such as extended legal expenses cover, ceremonial sword cover, honeymoon cover, marquee cover and personal liability.
Key reasons to purchase this title
- Understand the size of this market in terms of premium income and policy numbers.
- Gain insight into the distribution profile of this sector.
- Help in planning your entry into the UK wedding insurance market.
