United Kingdom (UK) HNW Home Insurance Market 2025

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

This report provides an overview and analysis of the UK high-net-worth (HNW) home insurance market. It explores market performance, growth drivers, and emerging challenges shaping the segment. The report examines key market metrics and identifies the key success factors insurers must adopt to remain competitive. It also discusses the growing importance of balancing digital efficiency with the personal touch demanded by affluent clients.The report concludes with forecasts for both the HNW and MNW home insurance markets through 2025, outlining growth expectations and consumer behavior shifts.

The UK high-net-worth (HNW) and mid-net-worth (MNW) home insurance market has seen significant expansion recently; driven by double-digit premium inflation, rising rebuild costs, and an increasing number of wealthy households. GlobalData estimates the HNW home insurance market grew at a compound annual growth rate (CAGR) of 9.6% from 2021 to 2025, reaching GBP861 million in 2025, with the number of HNW individuals (HNWIs) expected to increase by 7.5% to 474,000 in 2025. Meanwhile, the MNW home insurance market is expected to have grown at a CAGR of 6.0% from 2021 to 2025, reaching GBP426.6 million in 2025.

Scope

The number of HNW individuals is expected to have increased by 7.5% in 2025, reaching 474,000.

Changes in regulation and tax is making the HNW home insurance market less certain.

Underinsurance remains a systematic issue in HNW home insurance.

The number of UK HNW individuals will rise at a CAGR of 2.8% from 2025 to 2029.

Reasons to Buy

Understand the current and forecast size and growth of the UK HNW home insurance market.

Gain insight into emerging HNW market segments and the impact of changing HNW expectations on their insurance relationships.

Understand the major players and shifting competitor dynamics in the UK HNW home insurance sector.

Learn what forces will affect the future shape of the UK HNW home insurance market.

Flood Re
Haskoning’s Twinn
The Royal Institution of Chartered Surveyors (RICS)
Knight Frank
Hiscox
Capgemini
Campden Wealth
Chubb
NFU Mutual
Aviva
AXA
Direct Line
Zurich
WhatsApp
Covea
Ecclesiastical
Blackstone Consultancy
Liberty Speciality Markets
Lloyds of London
AIG
Munich Re
Allianz
Hoxton
Bspoke
Acturis

Table of Contents

Table of Contents

1. Executive Summary

2. The UK HNW and MNW Home Insurance Market

3. Distribution and Targeting HNW Customers

4. Competitor Dynamics

5. The Future of the Market

6. Appendix

Table

List of Tables

Table 1: UK MNW and HNW insurance parameters

Table 2: UK HNW and MNW home insurance market GWP, GBP million, 2018-22

Table 3: Number of UK MNW and HNW individuals by liquid assets, 000s, 2018-22

Table 4: Additional claims pressures facing HNW insurers

Table 5: Number of UK MNW and HNW individuals by liquid assets, 000s, 2022-26

Table 6: UK HNW and MNW home insurance market GWP, GBP million, 2022-26

Figures

List of Figures

Figure 1: There has been robust growth in UK HNW home insurance GWP in recent years

Figure 2: Growth in the number of UK MNW and HNW individuals stalled in 2022

Figure 3: There are 1.7 million MNW individuals in the UK with liquid assets >$300,000

Figure 4: Inflation rose sharply in 2021 and 2022

Figure 5: Emerging HNW customer segments

Figure 6: Wealth management clients are seeking more hybrid and digital interaction

Figure 7: Data-driven insights that can transform HNW insurance propositions

Figure 8: The UK HNW competitor landscape is shifting, with several insurers targeting growth in this segment

Figure 9: The number of UK HNW individuals will rise by an average of 4.5% a year over 2022-26

Figure 10: Growth in HNW home insurance GWP will slow through to 2026 as inflationary pressures ease

United Kingdom (UK) HNW Home Insurance Market 2025 standard reports
Currency USD
$3,450

Can be used by individual purchaser only

$10,350

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company


Undecided about purchasing this report?

Enquire Before Buying Download FREE Resources

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Sample Report

United Kingdom (UK) HNW Home Insurance Market 2025 was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
Financial Services
New
Brazil Wealth Management: HNW Investors 2026
$1,295 | July 2026
Financial Services
New
South Africa Cards and Payments: Opportunities and Risks to 2030
$2,750 | July 2026
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at United Kingdom (UK) HNW Home Insurance Market 2025 in real time.

  • Access a live United Kingdom (UK) HNW Home Insurance Market 2025 dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.