UK Commercial Motor Insurance: Competitor Dynamics 2016
The UK commercial motor insurance market is highly competitive. The market grew slightly in 2015 as a result of economic growth, which boosted business prosperity and therefore investment in commercial vehicles to support business expansion. But with the effects of Brexit looming large, the market is expected to witness slow growth as businesses become more wary of making investments in new commercial vehicles.
Verdict Financial’s “UK Commercial Motor Insurance: Competitor Dynamics 2016” is part of a series providing a high level look into insurer activity during the last year within commercial motor. Each report looks at the leading players to see how they have performed and how they have changed their overall proposition.
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