Market Research Report
United Kingdom (UK) Household Insurance - Distribution and Marketing 2020
|Published by||GlobalData||Product code||989933|
|Published||Content info||42 Pages
Delivery time: 1-2 business days
|United Kingdom (UK) Household Insurance - Distribution and Marketing 2020|
|Published: February 15, 2021||Content info: 42 Pages||
Purchasing household insurance direct from an insurer was the most popular method in 2020, although there was increased competition from price comparison websites (PCWs) due to the proliferation of online purchasing methods. Online purchasing continues to be the most popular method, while technology is increasingly playing a bigger role than before in the market. This means providers will need to be at the forefront of developments in order to remain competitive.
This report explores consumer purchasing behaviors and how consumer preferences are changing over time for contents, buildings, and combined cover. It discovers what is most influential to customers when purchasing a policy and reveals the most popular providers in the market. New trends and innovations are highlighted, as well as the key factors that will influence the household insurance market over the next few years.