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Product Insights
United Kingdom (UK) Private Motor Insurance Distribution Dynamics and Future Market, 2023 Update
UK Private Motor Insurance Market Overview The UK private motor insurance market research report offers insights into the motor insurance scenario within the private insurance market and how it is influenced by upcoming regulatory changes and volatility in the economy. It also ascertains how newcomers and insurtechs are disrupting and driving innovation in the country’s insurance industry. The report enables clients to identify the effects of emerging technologies such as artificial intelligence and autonomous vehicles on the UK private motor...
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Sector Analysis
United Kingdom (UK) Private Motor Insurance Market Size, Trends, Competitor Dynamics and Opportunities
UK Private Motor Insurance Market Report Overview The gross written premium of the United Kingdom (UK) private motor insurance market size is estimated to be GBP14.71 billion in 2023. Going forward, the cost-of-living crisis and rising claims will continue to impact the motor insurance market. The average premiums are forecast to have reached all-time highs in 2023, driven by the rising cost of claims. The UK private motor insurance market is expected to achieve a CAGR of more than 3%...