-
Analyst Opinions
NewUnited Kingdom (UK) Bancassurance Distribution Dynamics and Future Market, 2023 Update
United Kingdom (UK) Bancassurance Distribution Market Overview Bancassurance represents a strategic alliance between banks and insurance companies, designed to offer customers the convenience of purchasing insurance products in conjunction with banking services. The banking channel accounts for the highest share of total personal and commercial lines distribution in 2023. App purchases through the bank channel increased with no other channel recording a higher proportion of purchases via apps. This could be because of banks’ intensified focus on digitalization, resulting in...
-
Product Insights
NewUnited Kingdom (UK) Private Landlord Insurance Market Analysis and Competitive Landscape
United Kingdom (UK) Private Landlord Insurance Market Report Overview The UK residential landlord insurance market gross written premium (GWP) in 2023 was estimated to be GBP911.7 million. The market has mainly been driven by the effects of higher inflation and supply chain disruptions driving up the cost of rebuilding property. Â and will grow at a CAGR of more than 3% during 2023-2028. The growth is attributed to the effects of higher inflation and supply chain disruptions driving up the cost...
-
Sector Analysis
NewUnited Kingdom (UK) Critical Illness Insurance Distribution Dynamics and Future Market
United Kingdom (UK) Critical Illness Insurance Market Report Overview The COVID-19 pandemic has left a lasting impact on consumers, highlighting the importance of mental and physical well-being and boosting awareness around the advantages of critical illness coverage. The total critical illness insurance market premiums was GBP28.7 million in 2022 and it will grow at a CAGR of more than 7% from 2022 to 2027. The UK critical illness insurance market research report explores consumer purchasing behaviors for critical illness insurance...
-
Sector Analysis
NewUnited Kingdom (UK) Easter Market Analysis, Trends, Consumer Attitudes and Buying Dynamics, 2024 Update
The UK Easter 2024 report forms part of GlobalData's Retail Occasions series, and offers a comprehensive insight into the consumer dynamics and spending habits of UK consumers for Easter. The report analyses the major players, the main trends, and consumer attitudes. The proportion of consumers that stated that they bought something for Easter fell in 2024 , as fewer consumers chose to spend on the event. The proportion of Easter shoppers purchasing food & drink held up better than other...
-
Sector Analysis
NewUnited Kingdom (UK) Easter Intentions and Consumer Spending Preferences, 2024 Update
The GlobalData Retail Easter intentions 2024 report forms part of the Retail Occasions series, and offers a comprehensive overview of the retail occasion of Easter, analysing consumers intentions for spending, gifting and celebrating.
-
Product Insights
NewUnited Kingdom (UK) Employers’ Liability Insurance Market Trends, Competitor Dynamics and Opportunities
United Kingdom (UK) Employers’ Liability Insurance Market Report Overview The Gross Written Premiums (GWP) in the United Kingdom (UK) employers’ liability insurance market was GBP2.08 billion in 2023, following strong growth of more than 25% in 2022. Exploring opportunities in the gig economy through partnerships and adapting to the evolving risks posed by robotics are the factors that will drive the UK employers’ liability insurance market growth in the coming years. UK Employers Liability Insurance Market Overview 2022-2027 (GBP Billion)...
-
Analyst Opinions
NewImpact of Inflation on United Kingdom (UK) Insurance, 2023 Update
Impact of Inflation on UK Insurance Market Report Overview In 2023, UK inflation dropped from 10.4% in January to 4.0% in December. Economic growth flatlined in the year, with the economy falling into recession in Q4 after two consecutive quarters of negative GDP growth. The top three financial concerns for UK insurance consumers are paying monthly bills, the overall impact of the cost-of-living crisis, and saving for a comfortable retirement. The ‘Impact of Inflation on United Kingdom (UK) Insurance, 2023...
-
Sector Analysis
NewUnited Kingdom (UK) Beverages Consumption Trends and Forecasts Tracker, Q4 2023
United Kingdom (UK) Beverages Market Report Overview The UK beverages market size was 11.9 billion liters (BL) in Q4 2023. The UK beverages market research report has recorded essential data on key products, their categories, and their consumption volume in the country in Q4 2023. Furthermore, the report precisely lists new product launches and highlights the latest beverage industry performance and developments every quarter. Buy the Full Report for More Insights on the UK Beverages Market Forecast Download a Free...
-
Product Insights
NewUnited Kingdom (UK) Travel Insurance Distribution Dynamics by Channels and Future Market, 2023 Update
United Kingdom (UK) Travel Insurance Market Report Overview The UK travel insurance market research report offers insights into consumer purchasing decisions within the travel insurance scenario and discusses their influence on the market over the next few years. In 2023, more than 24% of travel insurance purchases were via PCWs, which suggests that consumers want more details from their providers about their coverage levels, policy options, and premium pricing. Additionally, single-trip policies maintained their popularity during the year Leading Distribution...
-
Analyst Opinions
NewUnited Kingdom (UK) Term Assurance Distribution Dynamics by Channels and Future Market, 2023 Update
United Kingdom (UK) Term Assurance Market Report Overview The UK term assurance market will be mainly driven by technological innovations and regulatory developments. The UK term assurance market research report explores consumer purchasing behaviors for term assurance in the country.  The report provides valuable insights into the trends and innovations that will shape the UK assurance market in the coming years. Key Type ·       Non-Mortgage-Related Term Assurance ·       Mortgage-Related Term Assurance Key Channels ·       Insurers ·       Broker/IFA ·       Price Comparison...