Abstract
Introduction
The report is an invaluable guide to the UK commercial motor insurance market,
providing insight into competitor strategies, profitability and performance as
well as overall market growth and trends. It examines trends in distribution
and identifies the key drivers behind claims inflation. The report also
provides forecasts for the size and profitability of the market up to 2013.
Scope of this research
- Obtain the latest market size and profitability analysis of the UK
commercial motor insurance market
- Insight into the effects of the recession on the market, including the
major changes to the competitor rankings
- Detailed market growth and profitability forecasts based on Datamonitor' s
in-house model and expertise
Research and analysis highlights
When SMEs were asked which commercial products they were most likely to buy
using the telephone and internet platforms, employers' liability and public
liability were the two most commonly cited answers, whereas only 40.9% of SMEs
would do so with their commercial motor insurance.
All of the insurers in the top 10 had at least some exposure to the commercial
vehicle market in 2008, although fleet business dominates the books of the
majority of these insurers. This is unsurprising given that the fleet market
is much larger than that for commercial vehicle cover, allowing insurers to
develop substantial books of business.
Key reasons to purchase this research
- Analysis of the performance of the key sectors of the UK commercial motor
insurance market
- Benchmark your company against your competitors based on market share data
and profitability ratios
- Develop your future business plans from an informed viewpoint with
Datamonitor' s market forecast
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