Abstract
Overview
Introduction
The UK General Insurance Competitor Tracker provides expert analysis and
opinion on the strategic movements of leading competitors in the general
insurance market.
Scope
- Information on new product developments, acquisition activity,
distribution, new corporate partnerships and performance.
- Insight on the following competitors: Allianz, AXA, Fortis, Groupama,
Norwich Union, RBS Insurance, Royal & SunAlliance and Zurich.
Report Highlights
The major news arising from the fourth quarter of 2007 was the purchase of
Broker Network by Towergate at 605p per share. The move is consistent with
Towergate' s stated aim of establishing a network to accompany its existing
distribution channels.
Allianz announced that it would be taking legal action against Yorkshire water
for potential negligence regarding maintenance of drainage systems before the
summer floods. Other insurers are also considering legal action, and if
Allianz is successful, they may follow suit.
Reasons to Purchase
- Evaluate key competitor strategies
- Input in to your own competitor analysis research
- Identify new product development and acquisition activity among your
competitors
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