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Analyst Opinions
NewUnited Kingdom (UK) Bancassurance Distribution Dynamics and Future Market, 2023 Update
This report discusses the bancassurance landscape for UK personal and commercial insurance. This includes discussion of the SME market, with due consideration given to smaller businesses and their comparatively simpler insurance needs. In addition, market leaders are outlined and consumer purchasing and switching behaviors are discussed. The bancassurance distribution landscape in the UK varies between personal and commercial lines. Banks account for 6.2% of business within personal lines and 19.9% within commercial lines, respectively. Bancassurance plays a crucial role as...
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Product Insights
United Kingdom (UK) Pet Insurance Market Dynamics, Trends and Opportunities
UK Pet Insurance Market Overview The UK pet insurance market size was GBP1.58 billion in 2022. The market is expected to achieve a CAGR of more than 4% during 2022-2027. The market will be primarily driven by rising premiums, which are unavoidable due to the increasing cost of veterinary care. UK Pet Insurance Market Outlook, 2022-2027 (GBP Billion) Buy the Full Report for More Insights into the UK Pet insurance Market Forecast Download a Free Report Sample The United Kingdom...
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Product Insights
United Kingdom (UK) Travel Insurance Market Dynamics, Trends and Opportunities
United Kingdom (UK) Travel Insurance Market Report Overview The UK travel insurance market witnessed a substantial increase in GWP reaching GBP 630.4 million in 2022. While the increase in GWP was substantial, it occurred in the context of a decrease in the number of policyholders. This suggests that growth in GWP is not due to increased demand but rather a result of higher premiums being charged. The market is expected to achieve a CAGR of more than 2% during 2022-2027. UK...
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Track & Monitor
Technology Innovation: Live betting games
Innovations in technology is relentless, making it hard to stay on-top of the dynamically evolving business landscape and in early identification of profound shifts, posing high risk of being disrupted if detected too late. GlobalData's coherent data-driven approach, using multiple forward-looking alternative datasets, empowers clients by decoding in advance the disruptive tech innovations of the future. Using patents data, GlobalData's proprietary innovation s-curve identifies specific innovation areas and their stage of evolution, i.e., whether they are emerging, accelerating or maturing....
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Sector Analysis
United Kingdom (UK) Travel Insurance – Market Dynamics and Opportunities 2020
This report provides in-depth analysis of the UK travel insurance market. It looks at current and historical market size and profitability, examining changes in premiums and claims. It analyzes the competitive landscape, providing examples of key travel insurance products. The report discusses travel trends and the impact of various socio-political and economic factors, including COVID-19 and Brexit. Forecasts up to 2024 are provided for gross written premiums, and the report also discusses how the market and travel insurance products are...
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Sector Analysis
Targeting the Over-50s with General Insurance
The UK’s over-50s population is growing, which means that the customer segment is a growing opportunity for insurance providers. Those over 50 are often treated and targeted as one segment. However, the over-50s market is highly diverse and should not be treated singularly. Individuals’ lifestyles differ due to a number of factors such as whether they are retired, whether they still have dependent children living at home, their health, and their financial freedom. Acknowledging this should encourage a move away...
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Track & Monitor
Tobacco Insights – November 2016
“Tobacco Insights”, is a monthly report by GlobalData which provides extensive and highly detailed information on the changing production and consumption patterns affected by the recent developments related to new laws and regulations globally - Consumption data based upon a unique combination of industry research, fieldwork, market sizing work and our in-house expertise in the industry in order to offer data about the trends and dynamics affecting the Tobacco industry. - Recent activities of the manufacturers operating in the industry....
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Sector Analysis
Consumer and Market Insights: Wine in Germany
The Wine market in Germany is forecast to register higher growth in value terms during 2015-2020 compared to 2010-2015 driven by an increasing GDP per Capita and low inflation. Still Wine is the leading value category and also forecast to register the fastest growth during 2015-2020. Wine consumption among Germans is mainly influenced by the Premiumization & Indulgence and the Product Specificity consumer trends.