Market Research Report
UK Commercial Insurance Distribution 2018
|Published by||GlobalData||Product code||355808|
|Published||Content info||49 Pages
|UK Commercial Insurance Distribution 2018|
|Published: April 6, 2018||Content info: 49 Pages||
"UK Commercial Insurance Distribution 2018", report provides an in-depth study into commercial insurance distribution trends. It discusses the influence of the different purchasing behaviors of SMEs compared to larger corporate businesses, and pays particular attention to the role and strategy of brokers within product distribution. It also addresses challenges in the market and the impact of technology on consumer channel preferences, before concluding with a distribution forecast for the coming years.
Commercial insurance remains a highly competitive space, and the distribution of the market's products continues to evolve. Brokers maintain a grip on the greatest share of the market, and the channel's footprint saw a rise in premium share in 2016 according to Association for British Insurers (ABI) statistics. With enduring dominance in non-SME markets and fast-flow business, digital brokers are finding success even against the threat of the direct channel in the SME space.