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UK General Insurance Competitor Tracker Q3

UK General Insurance Competitor Tracker Q3 - new market research report published


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2013-01-14 01:33:22 - UK General Insurance Competitor Tracker Q3 - a new market research report on companiesandmarkets.com

Aviva´s Q3 2011 results presented the strongest performance within the top five insurers against Q3 2010, with 6.2% growth leading to general insurance and health net written premiums (NWP) of £1,244m for the quarter.

Direct Line has launched a pilot on telematics. While interest in telematics has been growing in the past year with other insurers announcing similar plans, its adoption by the UK´s largest personal lines insurer could provide the major shift for the technology´s use in the market.

AXA Commercial has continued to develop its multi-channel distribution strategy, revealed in August, in pursuit of its goal to attain revenues of £1.2bn and a COR of 95% by 2015. A new development team has been unveiled to drive broker and e-commerce

 

 

propositions as well as identifying business line and product development opportunities.

The general insurance market continues to face challenging times, with claims costs leading to a focus on corrective underwriting action among leading insurers. Datamonitor compares how the top 5 insurers have performed in the third quarter of 2011 and includes information on a range of issues including financial performance, changes in strategy and the latest developments across product lines.

Report Scope

- Compare your company´s strategy against those implemented by the top five UK insurers; Aviva, AXA, RBSI, RSA and Zurich.
- Gain insight into their latest developments and new products across personal and commercial lines.
- Compare your financial performance with these companies across Q3 and nine-month figures.

Reasons To Buy

- Which companies are changing their strategy?
- Which markets are the top 5 companies focusing on?
- Which of the top 5 insurers performed best in Q3 2011?
- How have the top 5 insurers fared in the first nine months of 2011?

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Author:
Mike King
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