Fleet Insurance and Assistance in Switzerland

Fleet Insurance and Assistance in Switzerland is about the market for and distribution of policies covering motor insurance, road assistance and GAP insurance for fleet vehicles in Switzerland.

For 2007 to 2011 and with a forecast for 2015, the study breaks down the Swiss fleet vehicle parc and its motor insurance market with a unique segmentation of fleet vehicles, as follows:

Passenger cars:

- car hire firms;
- driving schools;
- motor trade;
- operating lease fleets;
- taxi and private hire firms;
- other fleets.

Commercial vehicles:

- couriers and postal services;
- motor trade;
- operating lease fleets;
- own account haulage;
- removal firms;
- road haulage;
- van and lorry hire firms;
- other fleets.

The report also identifies affinity schemes and commercial partnerships for motor insurance, road assistance and GAP insurance in Switzerland set up between trade associations, leasing companies, leasing brokers, fleet management companies, and vehicle hire companies with providers of these policies. In addition, it highlights other key underwriters and brokers in this market and discusses key issues such as the use of telematics for insurance and assistance. All these features make this report the most comprehensive analysis of fleet insurance and assistance in Switzerland ever produced.

You may be able to use this report and the accompanying PartnerBASE™ dataset in one or more of the following ways:

- to compare the size, growth rates and future prospects of the fleet motor insurance markets in Switzerland;

- to evaluate the potential for your organisation to target fleet motor insurance, road assistance and GAP insurance propositions at specific segments of the fleet market;

- to understand the competitive environment for broking, underwriting and assistance provision in Swiss fleet segments;

- to gain access to a single comprehensive source of information providing broker, underwriter and assistance provider details for affinity schemes and commercial partnerships set up for motor insurance, road assistance and GAP insurance;

- to appreciate which fleet segments in Switzerland offer the best long-term potential and which are already saturated with competitors. SHOW LESS READ MORE >

0.0 EXECUTIVE SUMMARY

1.0 INTRODUCTION

What is this report about?

Motor insurance and assistance for fleets is studied by vehicle type, industry segment and distribution

Rationale

A major component of the motor insurance market is analysed to a unique level of detail...

...with the associated PartnerBASE™ dataset providing key information about competitors

Methodology

Survey of associations and fleet operating companies

Market data

Definitions

Fleet

Commercial vehicles

Haulage vehicles

Insurance buyer

Motor trade

Operating lease

Taxis and private hire vehicles

Motor insurance

GAP insurance

Operating models

Abbreviations and exchange rates

Finaccord

2.0 MARKET ANALYSIS

Introduction

Size of the car and commercial vehicle fleet market

The fleet vehicle parc fell modestly in the recession, and more than recovered in 2011

Switzerland has the smallest heavy commercial vehicle parc per capita of the ten countries in this report

Local authorities and the post office run most bus and coach services

Segmentation of the fleet market by type of insurance buyer

Passenger cars

Operating leases are not the dominant form of finance for fleets in Switzerland...

... though their share of the fleet car market is growing

Car registrations have risen well since a low in 2009

Commercial vehicles

Operational lease flets have expanded since 2007...

... while haulage fleets have declined, for both road haulage and own account transport

Fleet insurance and assistance market size

The overall motor insurance market has remained broadly stagnant up to 2010

The fleet sector reached a new peak in 2011

Passenger car fleet insurance

Premiums paid by operational leasing companies have risen the fastest since 2007...

... followed by the motor trade in second place

Commercial vehicle fleet insurance

The small number of commercial vehicles in Switzerland means that the fleet insurance market is also small

Haulage accounts for nearly 30% of the fleet commercial vehicle insurance market

Road assistance

The road assistance market has grown with the fleet vehicle parc

Distribution partnerships for fleet insurance and assistance

60 actual or potential distributors are covered by this research

Motor insurance

Only a minority of trade associations make fleet motor insurance available to their members

Most commercial organisations offering fleet motor insurance work with a single external underwriter

Glausen & Partner handles motor insurance for 20% of the members of a major Swiss association

Among underwriters AXA Winterthur has the highest number of partnerships...

...followed by Allianz

Road assistance

Road assistance provision for trade associations always comes from the same source as motor insurance...

... while it is offered by two thirds of the commercial partners surveyed

Allianz, AXA Winterthur and TCS have the highest number of partnerships

GAP insurance

There is no strong rationale to take out GAP insurance in Switzerland

Other key insurance and assistance providers

Many Swiss companies still opt to insure their cars individually rather than through collective contracts

Allianz has introduced telematics to help with assistance

Forecasts for fleet motor insurance and road assistance

Motor insurance

An increase in the fleet vehicle parc and rising prices should send premiums higher...

... with the trend towards operational leasing expected to continue

Road assistance

Low inflation means that growth in revenues will mostly come mostly a rise in the fleet vehicle parc

LIST OF GRAPHICS / TABLES

0.0 EXECUTIVE SUMMARY

Size and segmentation of the fleet vehicle parc and of the fleet motor insurance market in Switzerland, 2011

1.0 INTRODUCTION

Organisations contacted by Finaccord segmented by category

2.0 MARKET ANALYSIS

Size of the fleet vehicle parc in Switzerland, 2007 to 2011

Size of the fleet vehicle parc in Switzerland, 2007 to 2011 (data)

Size of the passenger car fleet parc by type of insurance buyer in Switzerland, 2011

Growth in the passenger car fleet parc by type of insurance buyer in Switzerland, 2007 to 2011

Size of the passenger car fleet parc by type of insurance buyer in Switzerland, 2007 to 2011 (data)

Size of the commercial vehicle fleet parc by type of insurance buyer in Switzerland, 2011

Growth in the commercial vehicle fleet parc by type of insurance buyer in Switzerland, 2007 to 2011

Size of the commercial vehicle fleet parc by type of insurance buyer in Switzerland, 2007 to 2011 (data)

Size of the fleet motor insurance market and its share of the total motor insurance in Switzerland, 2007 to 2011

Size of the motor insurance market segmented by fleet and non-fleet and by type of vehicles in Switzerland, 2007 to 2011 (data)

Size of the passenger car fleet motor insurance market in Switzerland by type of insurance buyer, 2011

Growth in the passenger car fleet motor insurance market by type of insurance buyer in Switzerland, 2007 to 2011

Size of the passenger car fleet motor insurance market in Switzerland by type of insurance buyer, 2007 to 2011 (data)

Size of the commercial vehicle fleet motor insurance market in Switzerland by type of insurance buyer, 2011

Growth in the commercial vehicle fleet motor insurance market by type of insurance buyer in Switzerland, 2007 to 2011

Size of the commercial vehicle fleet motor insurance market in Switzerland by type of insurance buyer, 2007 to 2011 (data)

Size of the fleet road assistance market in Switzerland, 2007 to 2011

Affinity schemes for fleet motor insurance in Switzerland: provision rate and operating models among trade associations, 2011

Commercial partnerships for fleet motor insurance in Switzerland: provision rate and operating models, 2011

Affinity schemes and commercial partnerships for fleet motor insurance in Switzerland: broker and underwriter share of partnerships, 2011

Affinity schemes for fleet road assistance in Switzerland: provision rate and operating models among trade associations, 2011

Commercial partnerships for fleet road assistance in Switzerland: provision rate and operating models, 2011

Affinity schemes and commercial partnerships for fleet road assistance in Switzerland: broker and assistance provider share of partnerships, 2011

Commercial partnerships for fleet GAP insurance in Switzerland: provision rate and operating models, 2011

Affinity schemes and commercial partnerships for fleet GAP insurance in Switzerland: underwriter number and share of partnerships, 2011

Forecast change for the passenger car fleet insurance market by type of insurance buyer in Switzerland, 2011 to 2015

Forecast premiums for the passenger car fleet insurance market by type of insurance buyer in Switzerland, 2011 and 2015 (data)

Forecast change for the commercial vehicle fleet insurance market by type of insurance buyer in Switzerland, 2011 to 2015

Forecast premiums for the commercial vehicle fleet insurance market by type of insurance buyer in Switzerland, 2011 and 2015 (data)

Forecast premiums for the fleet road assistance market in Switzerland, 2011 and 2015