"The
Report UK Commercial Insurance Distribution 2017 provides information
on pricing, market analysis, shares, forecast, and company profiles
for key industry participants. - MarketResearchReports.biz"
"UK
Commercial Insurance Distribution 2017", report provides an
in-depth study into the trends of commercial insurance distribution.
The report discusses the influence of the differing purchasing
behaviors of SMEs compared to larger corporate businesses, and pays
particular attention to the role and strategies of brokers within
product distribution. It also addresses the challenges in the market
and the impact of technology on consumer channel preferences, before
concluding with a distribution forecast for the coming years.
Commercial
insurance remains a highly competitive market, and the distribution
of its products continues to evolve and vary. Brokers hold the
highest share of the commercial market despite incremental growth in
the other channels. The SME market has been driving this change, with
more of these types of businesses opting to purchase insurance
directly from their provider. These SMEs require less comprehensive
insurance coverage, meaning a more simplistic and efficient offering
is adequate.
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Sample Copy Of This Report @
Scope
-
Brokers dominate the distribution of commercial insurance with a
77.1% share of the market.
-
Brokers of all capacities are keen to improve their online
propositions to provide an enhanced level of customer service.
-
Underinsurance is a problem within the SME space, with significant
proportions citing price and a general lack of knowledge or product
awareness as the reasons for forgoing adequate insurance cover.
View
Report @ http://www.marketresearchreports.biz/analysis/1070524
Reasons
to buy
-
Adapt your distribution strategy to ensure it still meets the needs
of clients and intermediaries.
-
Ensure you remain competitive as new innovations revolutionize the
purchasing journey for clients and brokers.
-
Benchmark yourself against other players in the market.
-
Be prepared for how technology is set to impact the commercial
insurance market.
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