|
|
 |
|
Viewing report
|
|
|
|
UK Travel Insurance 2008
Datamonitor, Sep 2008, Pages: 63
This report is an invaluable source of information on the UK travel insurance market. It provides unique market size information and discusses the main challenges and trends facing travel insurance providers. It also reveals which underwriters are leading the way in this market and forecasts what the future holds for the sector in the next five years under two different scenarios.
Scope
- Consumer data giving insight into travel insurance purchasing habits
- Analysis of the major competitive issues shaping the market, supported by interviews with senior industry executives and data from secondary sources
- GWP forecasts to 2012, based on The in-house expertise and proprietary model
Highlights of this title
One of the dominant trends in the UK travel insurance market over the last five years has been the shift towards more annual policy sales as opposed to single trip policies. This trend has resulted in annual policy premium income accounting for a larger proportion of travel insurers premium income in 2007.
Datamonitor estimates that the number of travel insurance policies written in 2007 increased by 2.4%. This expansion in policy numbers served to offset the decline in premium rates, which have occurred to both single trip and annual cover policies
AXA accounted for 27.1% of the market in 2007, an increase of 6.7 percentage points. The company remained the UKs largest travel insurance underwriter in 2007 and has seen its market share and lead over its nearest rivals increase. AXAs growth in market share was the result of substantial growth in premium income.
Key reasons to purchase this title
- Plan your future travel insurance strategy using The market size forecasts
- Understand consumer purchasing and decision making behavior to help you optimize acquisition rates
- Benchmark your travel insurance business against the competition
Customers who bought this item also bought
UK Travel Insurance 2011
UK Travel Insurance 2009
UK Travel Insurance 2010
European Insurance Industry - Global Strategic Business Report
Travel Insurance and Assistance in Southern and Western Europe
UK Personal General Insurance 2008
UK Commercial General Insurance 2011
UK Pet Insurance 2008
UK Pet Insurance 2011
Insurance Industry in the United Kingdom - Global Strategic Business Report
|
|
|
|
