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Product Insights
NewUnited Kingdom (UK) Extended Warranty Insurance Market Size, Trends, Competitor Dynamics and Opportunities
This report analyzes the UK extended warranty insurance market, looking at drivers of uptake for both electrical and motor extended warranties. The report goes on to discuss the distribution landscape in 2022, as well as the claims landscape. Incumbent competitors are analyzed, along with their key partnerships. Future impactors on the market - including the cost-of-living crisis, smart home devices, and the changing working environment - are also examined. In 2022e, the total number of policies within the UK extended...
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Sector Analysis
NewSpain General Insurance Market Size and Trends by Line of Business, Distribution Channel, Competitive Landscape and Forecast, 2023-2027
GlobalData’s 'Spain General Insurance Market Size and Trends by Line of Business, Distribution Channel, Competitive Landscape and Forecast, 2023-2027’ report provides in-depth market analysis, information, and insights into the Spanish general insurance segment. The report provides a detailed outlook by product category for the Spanish general insurance segment. It provides values for key performance indicators such as gross written premium, penetration, and premium ceded and cession rates during the review period (2018-22) and forecast period (2023-27). The report also analyzes...
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Analyst Opinions
NewUnited Kingdom (UK) Commercial Insurance Distribution Dynamics by Channels (Broker and Other Commercial Distribution Channels) and Future Market, 2023 Update
United Kingdom (UK) Commercial Insurance Market Report Overview The UK commercial insurance distribution landscape is largely dominated by brokers. It is largely due to their ability to offer expert advice and find the appropriate cover for a wide range of businesses. As digital transformation accelerates within the industry, brokers will, need to adapt more online solutions into their service offering. The UK commercial insurance market research report discusses the distribution landscape of UK commercial insurance. Each channel is discussed in...
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Sector Analysis
NewThailand General Insurance Market Size, Trends by Line of Business (Personal, Accident and Health, Liability, Financial Lines, Property, Motor and Marine, Aviation and Transit Insurance), Distribution Channel, Competitive Landscape and Forecast to 2026
GlobalData’s 'Thailand General Insurance Market Size, Trends by Line of Business (Personal, Accident and Health, Liability, Financial Lines, Property, Motor and Marine, Aviation and Transit Insurance), Distribution Channel, Competitive Landscape and Forecast to 2026’ report provides in-depth market analysis, information, and insights into the Thailand's general insurance sector. The report provides a detailed outlook by product category for the Thailand's General insurance sector. It provides values for key performance indicators such as gross written premium, penetration, and premium ceded and...
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Sector Analysis
NewEmbedded Insurance Market Analysis, Key Trends and Strategies, Line of Business and Future Implications
Embedded insurance is the bundling of insurance or protection within the purchase of a third-party good or service. The growth in ecommerce and mobile commerce, along with a host of technological advances in the industry, have brought in a new age of embedded insurance. Almost all lines of business either have been disrupted to some extent or are ready for this next stage of digital distribution. Key Trends Ecommerce, Artificial Intelligence (AI) and Machine Learning, Big Data, Internet of Things...
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Sector Analysis
NewFrance General Insurance Market Size, Trends by Line of Business (Personal, Accident and Health, Liability, Financial Lines, Property, Motor, and Marine, Aviation and Transit Insurance), Distribution Channel, Competitive Landscape and Forecast to 2026
France General Insurance Market Report Overview The net earned premium of the France general insurance market was EUR72.5 billion in 2022 and is expected to achieve a CAGR of more than 3% during 2022-2026. The France general insurance market research report provides in-depth market analysis, information, and insights into France’s general insurance segment. It also provides values for key performance indicators such as gross written premium, loss ratio, retail, and commercial split, premium by line of business, and reinsurance premiums...
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Analyst Opinions
NewUnited Kingdom (UK) Bancassurance Distribution Dynamics and Future Market, 2022 Update
United Kingdom (UK) Bancassurance Market Overview Bancassurance is important as it allows customers to conveniently purchase insurance products, packaged alongside a bank account or as an optional extra, through their banking provider. While insurance providers receive access to a bigger pool of potential customers through partnerships, banks benefit from this integration by targeting customers who are looking for more than a banking service. The UK bancassurance market research report discusses the bancassurance landscape for UK commercial and personal insurance. The...
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Analyst Opinions
NewBroker Distribution Insight – Which Insurers Lead The Way?
Broker Distribution Insight Report Overview Brokers' goals have slightly changed as the UK economy emerges from the COVID-19 pandemic and heads into a potential recession. The importance of underwriting flexibility to brokers has grown significantly in recent years, with brokers ranking it the most important factor when choosing an insurer. Brokers were increasingly choosing insurers as the best-in-class for relationship managers in 2023, so insurers must make sure they keep excellent ties with brokers. To maximize the benefits of cooperation,...
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Product Insights
United Kingdom (UK) Pet Insurance Distribution Dynamics and Future Market, 2022 Update
UK Pet Insurance Market Report Overview The UK pet insurance GWP is expected to reach GBP1.9 billion by 2026. Growth will be driven by an expected increase in premium costs, which is unavoidable due to the rising cost of medical care for pets as well as the aging pet population. The United Kingdom (UK) pet insurance market research report explores how purchasing preferences have changed over time in the UK pet insurance market. It discovers what is most influential to...
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Product Insights
United Kingdom (UK) Household Insurance Distribution Dynamics and Future Market, 2022 Update
UK Household Insurance Market Report Overview Visiting a price comparison website (PCW) remained the most popular pre-purchase activity. The share of customers conducting pre-purchase research on PCW was the highest among customers across all three household insurance products in 2022. The United Kingdom (UK) household insurance market research report explores how purchasing preferences have changed over time for contents, buildings, and combined household insurance cover. It discovers what is most influential to customers when purchasing a policy and reveals the...
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Thematic Analysis
Gig Economy in Insurance – Thematic Intelligence
The gig economy has been a key trend across a range of industries in recent years, but it has been significantly boosted by two recent events: COVID-19 and now the cost-of-living crisis. Economic difficulties in 2022 saw an upsurge in people taking up extra hours in the gig economy to top up income and help pay for rising monthly bills. The gig economy in insurance report helps to identify leaders in insurance provider for the gig economy. The report will...
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Sector Analysis
United States (US) Statutory and Private Employee Benefits (including Social Security) – Insights into Statutory Employee Benefits such as Retirement Benefits, Long-term and Short-term Sickness Benefits, Medical Benefits as well as Other State and Private Benefits, 2023 Update
US Statutory and Private Employee Benefits Report Overview The US social security system covers more than 96% of the total workers employed in the US. The motive of providing employee benefits is to support the economic security of an individual by insuring against unsure events and to raise the standard of living by providing desired services. Employee benefit programs also add to economic stability by helping to secure the population’s income and welfare, benefitting the economy. The US employee benefits...
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Analyst Opinions
United Kingdom (UK) Personal Lines Insurance Distribution Dynamics by Consumer Channel Preferences (Direct, Broker, Bank, Affinity and Price Comparison Webiste Channel) and Future Market, 2022 Update
UK Personal Lines Insurance Market Report Overview The direct channel remains the most frequently used option when it comes to purchasing insurance in the UK. The channel increased its share of distribution in 2021, rising by 0.5 percentage points (pp) when compared to 2020. With many insurers and distributors enhancing their online and digital capabilities in response to shifting consumer habits owing to the COVID-19 pandemic, consumers are increasingly inclined to purchasing insurance online. The UK personal lines insurance market...
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Sector Analysis
United Kingdom (UK) General Insurance Market Size and Trends by Line of Business, Distribution Channel, Competitive Landscape and Forecast, 2023-2027
GlobalData’s 'United Kingdom (UK) General Insurance Market Size and Trends by Line of Business, Distribution Channel, Competitive Landscape and Forecast, 2023-2027’ report provides in-depth market analysis, information, and insights into the UK general insurance segment. The report provides a detailed outlook by product category for the UK general insurance segment. It provides values for key performance indicators such as gross written premium, penetration, and premium ceded and cession rates during the review period (2018-22) and forecast period (2023-27). The report...
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Sector Analysis
Mexico Statutory and Private Employee Benefits (including Social Security) – Insights into Statutory Employee Benefits such as Retirement Benefits, Long-term and Short-term Sickness Benefits, Medical Benefits as well as Other State and Private Benefits, 2023 Update
Mexico Statutory and Private Employee Benefits Overview Mexico’s social security system was introduced on December 31, 1942, with effect from January 19, 1943, and has since evolved in scope and coverage. The Mexican Social Security Institute (IMSS) and the Institute for Security and Social Services for Government Workers (ISSSTE) are the governing bodies of the social security system. The existing social security system was introduced on July 1, 1997, for voluntary contributions, and on September 1, 1997, for mandatory contributions....
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Sector Analysis
China Statutory and Private Employee Benefits (including Social Security) – Insights into Statutory Employee Benefits such as Retirement Benefits, Long-term and Short-term Sickness Benefits, Medical Benefits as well as Other State and Private Benefits, 2023 Update
China has one of the most comprehensive and well-established welfare systems in the world. It is predominantly controlled by the social security system. The China employee benefits report provides in-depth industry analysis, information, and insights of employee benefits, overview of the state and compulsory benefits, detailed information about the private benefits, insights on various central institutions responsible for the administration of the different branches of social security and the regulatory framework of the employee benefits in China. China Statutory and...
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Product Insights
United Kingdom (UK) Commercial Motor Insurance Market Dynamics, Competitor Landscape, Growth Opportunities and Forecast, 2022-2026
United Kingdom (UK) Commercial Motor Insurance Market Dynamics The gross written premium (GWP) in the UK commercial motor insurance market was valued at GBP5.5 billion in 2021 and is expected to grow at a CAGR of more than 2% during 2021-2026. The growth in gross written premiums (GWP) in the UK commercial motor insurance market was driven by an increase in the number of light goods vehicles (LGVs) on the road in 2021, as COVID-related lockdowns and behaviors established during...
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Product Insights
United Kingdom (UK) SME Insurance Market Dynamics, Challenges, Growth Opportunities and Forecast, 2022-2026
United Kingdom (UK) SME Insurance Market Dynamics The gross written premium (GWP) in the UK SME insurance market was valued at GBP10.5 billion in 2021 and is expected to grow at a CAGR of more than 2% during 2021-2026. The primary factor contributing to GWP growth was a large year-round hardening of premiums. Many insurance lines experienced significant increase in the cost of repayments due to inflation and issues with the global supply chain, which led insurers to raise premiums,...
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Product Insights
United Kingdom (UK) Employers Liability Insurance Market Size, Trends, Competitor Dynamics and Opportunities
United Kingdom (UK) Employers Liability Insurance Market Report Overview The GWP in the United Kingdom (UK) employers’ liability insurance market was valued at GBP1.64 billion in 2022. The most critical success factors for the UK employers’ liability insurance market growth are the growing deployment of online platforms to hire gig economy workers and the rising popularity of flexible premiums. These factors are likely to drive the UK employers’ liability insurance market to reach GBP1.87 billion by 2026. UK Employers Liability...
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Sector Analysis
Hong Kong General Insurance Market Size, Trends by Line of Business (Personal, Accident and Health, Liability, Financial Lines, Property, Motor, and Marine, Aviation and Transit Insurance), Distribution Channel, Competitive Landscape and Forecast to 2026
Hong Kong General Insurance Market Report Overview The gross written premium of the Hong Kong general insurance market was HKD60.1 billion ($7.7 billion) in 2022 and is expected to achieve a CAGR of more than 5% during 2021-2026. The Hong Kong general insurance market research report provides in-depth market analysis, information, and insights into Hong Kong’s general insurance segment. It also provides values for key performance indicators such as gross written premium, loss ratio, retail, and commercial split, premium by...
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