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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...
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Thematic Analysis
NewPersonalization in Insurance – Thematic Intelligence
Personalization in Insurance Thematic Report Overview Insurance companies are recognizing the value of personalized policies to attract and retain customers. Insurers can personalize policies based on policyholder behaviors, preferences, and risk profiles, with unprecedented accuracy by leveraging AI and machine learning algorithms. Personalized policies not only provide customers with coverage that meets their specific requirements but also demonstrate an understanding of their unique circumstances, fostering trust and loyalty. The ‘Personalization in Insurance’ thematic intelligence report gives you an in-depth insight...
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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)...
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Product Insights
NewUnited Kingdom (UK) Professional Indemnity Insurance Market Dynamics, Trends, Opportunities and Future Market, 2024 Update
UK Professional Indemnity Insurance Market Report Overview The UK professional indemnity insurance (PII) market was worth GBP3.3 billion in 2023. With improved profitability, capacity is returning to the market, both in the form of new entrants and existing insurers which have ambitious growth targets. Premium rates are therefore now stable or declining and market growth is forecast to be much slower by 2028. However, market conditions remain very profession-specific and are affected by the size and profile of risk. Professional...
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Thematic Analysis
Insurance M&A Deals 2023 – Top Themes – Thematic Intelligence
This report analyzes the disruptive themes that have driven M&A activity in 2023 in the Insurance Sector
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Thematic Analysis
Insurance Predictions in 2024 – Thematic Intelligence
Accessing in-depth insights from the ‘Insurance Predictions in 2024’ report will help in: Analyzing the major themes that will impact the insurance industry in 2024. Identifying the top 15 themes impacting the insurance industry - Personalization, Wellbeing, Embedded Insurance, Insurtech, Parametric Insurance, Cyber Insurance, ESG - Environmental (Nat Cat), Electric Vehicles, AI, Big Data, IoT, Future of Work, Inflation, ESG, and Geopolitics. Exploring a wide range of capabilities that insurers, reinsurers, and brokers can utilize to transform their services and...
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Company Insights
Slice Insurance Technologies – Tech Innovator Profile
This report provides insight into Slice, including an overview of the company, coverage of its business model and operations, and biographies of its senior management. Slice Insurance Technologies, formerly known as Slice Labs, is an insurtech company that offers a cloud-based platform helping insurers to provide on-demand protection to their customers.
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Sector Analysis
United Kingdom (UK) Commercial Motor Insurance Market Trends, Competitor Dynamics and Opportunities
The gross written premium (GWP) in the UK commercial motor insurance market was valued at GBP5.65 billion in 2022. The UK commercial motor insurance market experienced a marginal decline of 0.3% in gross written premiums (GWP) in 2022 when compared to the preceding year. However, a sharp rise in premiums throughout 2023 will cause significant growth in the market. According to GlobalData forecasts, the UK commercial motor insurance market will bounce back in 2023, driven by soaring premiums due to...
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Thematic Analysis
Insurance M&A Deals Q3 2023 – Top Themes – Thematic Intelligence
This report analyzes the disruptive themes that have driven M&A activity in Q3 2023 in the Insurance Sector
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Sector Analysis
United Kingdom (UK) Commercial Property Insurance Market Trends, Competitor Dynamics and Opportunities
The gross written premium (GWP) in the UK commercial property insurance market was valued at GBP12.2 billion in 2022. The commercial property insurance market in the UK is predicted to expand gradually at a CAGR of more than 4% from 2022 to 27. It is projected that factors such as rising repair costs and hardening market rates will fuel premium increases in the coming years. UK Commercial Property Insurance Market Outlook 2022-2027 (GBP Billion) Buy The Full Report for More...