Household Insurance Market Next Big Thing | Major Giants Aviva, Barclays, AXA, Halifax

Research Reports

Mar 13, 2021

UK Household Insurance: Distribution & Marketing 2020 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the UK Household Insurance: Distribution & Marketing 2020 Market. Some of the key players profiled in the study are Aviva, Admiral, Barclays, AXA, Halifax, Direct Line, Churchill, Saga, Lloyds Bank, Allianz, Legal & General, Nationwide, More Than, Ageas, NFU Mutual, Tesco Bank, Asda, Amazon.

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Purchasing household insurance direct from an insurer was the most popular method in 2019, although there was increased competition from price comparison websites due to the proliferation of online purchasing methods. Online purchasing is now more popular than ever and is being led by smartphones and tablets rather than by PCs and laptops. Technology is increasingly playing a bigger role than before in the market – whether in product offerings or competition – meaning providers will need to be at the forefront of developments in order to remain competitive.

This report explores consumer purchasing behavior and how consumer preferences are changing over time for contents, buildings, and combined cover. It discovers what is most influential to customers when purchasing a policy and also reveals the most popular providers in the market. New trends and innovations are highlighted, as well as the key factors that will influence the household insurance market over the next few years.

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Scope

– Purchasing household insurance on a smartphone or tablet is becoming increasingly popular across all products other than buildings insurance.

– Visiting a price comparison website prior to purchasing increased in popularity in 2019 for all products except buildings insurance, indicating increased sensitivity to premium changes among policyholders.

– Aviva remained the leading provider of household insurance across the UK in 2019.

Reasons to buy

– Understand consumer purchasing decisions and how these will influence the market over the next few years.

– Improve customer engagement by recognizing what is most important to them and how insurers can adapt their products and services to meet their needs.

– Discover which providers lead the way in the household insurance space and how providers are revolutionizing the market through new innovations.

– Adapt your distribution strategy to ensure it still meets customer purchasing behaviors.

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Key Answers Captured in Study are
Which geography would have better demand for product/services?
What strategies of big players help them acquire share in regional market?
Countries that may see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
How feasible is market for long term investment?
What opportunity the country would offer for existing and new players in the UK Household Insurance: Distribution & Marketing 2020 market?
Risk side analysis involved with suppliers in specific geography?
What influencing factors driving the demand of UK Household Insurance: Distribution & Marketing 2020 near future?
What is the impact analysis of various factors in the UK Household Insurance: Distribution & Marketing 2020 market growth?
What are the recent trends in the regional market and how successful they are?

Read Detailed Index of full Research Study at @ https://www.htfmarketreport.com/reports/2496157-uk-household-insurance

Some extract from Table of Contents
• Overview of UK Household Insurance: Distribution & Marketing 2020 Market
• UK Household Insurance: Distribution & Marketing 2020 Size (Sales Volume) Comparison by Type (2020-2025)
• UK Household Insurance: Distribution & Marketing 2020 Size (Consumption) and Market Share Comparison by Application (2020-2025)
• UK Household Insurance: Distribution & Marketing 2020 Size (Value) Comparison by Region (2020-2025)
• UK Household Insurance: Distribution & Marketing 2020 Sales, Revenue and Growth Rate (2020-2025)
• UK Household Insurance: Distribution & Marketing 2020 Competitive Situation and Trends
• Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type
• Analyze competitors, including all important parameters of UK Household Insurance: Distribution & Marketing 2020
• UK Household Insurance: Distribution & Marketing 2020 Manufacturing Cost Analysis
• Marketing Strategy Analysis, Research Conclusions

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia or Oceania [Australia and New Zealand].

Tags: Household Insurance market share, Household Insurance market size, Household Insurance Market Trends, Household Insurance Market Growth, Household Insurance Market Analysis, Household Insurance Market Forecast, Household Insurance Market Opportunity See Campaign: https://www.htfmarketreport.com/
Contact Information:
Craig Francis (PR & Marketing Manager) HTF Market Intelligence Consulting Private Limited Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 (206) 317 1218 [email protected]