Press release

UK Private Motor Insurance: Distribution & Marketing 2018 | Admiral, Aviva, Hasting Direct, Direct Line, LV=, Churchill, AXA, esure

UK Private Motor Insurance: Distribution & Marketing 2018 | Admiral, Aviva, Hasting Direct, Direct Line, LV=, Churchill, AXA, esure

 

 
This report explores consumer purchasing behavior, and how preferences are changing over time. 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 private motor insurance market over the next few years.

UK Private Motor Insurance Market research report is being presented with a motive to enrich readers by offering an extensive and explicit analysis of UK Private Motor Insurance industry. The report covers each characteristic of the UK Private Motor Insurance industry including market growth.

Top Key Players:

Admiral, Aviva, Hasting Direct, Direct Line, LV=, Churchill, AXA, esure, Tesco Bank, 1st Central, Saga, Comparethemarket.com, Confused.com, Moneysupermarket.com, Gocompare.com, Co-op Insurance, Swinton, More Th>n, Age UK, Tesla.

Get Sample Copy of this Report at https://www.reportsweb.com/inquiry&RW00012485782/sample

The purchasing preferences of private motor insurance customers changed in 2018. Price comparison websites (PCWs) are now the most popular channel, used by 37.4% of respondents. In a period of record high premiums, customer loyalty has waned: 63.4% of respondents used a PCW to conduct research before buying their latest policy. With the rising prominence of PCWs, more customers are also shifting their purchasing methods online, with approximately 70% of respondents purchasing their motor insurance policy either on a PC or handheld device.

Scope

-37.4% of private motor insurance customers purchased via a price comparison website in 2018.

-69.8% of customers purchased online.

-13.2% of customers held a policy with Admiral.

-72.5% of customers shopped around at last renewal.

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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 to adapt products and services to meet their needs.

-Learn which providers lead the way in the private motor insurance space.

-Discover which insurers spend the most on advertising and which channels they are using.

Table of Contents:

Executive Summary

The Purchasing Journey

Provider Engagement

Channel View

Marketing

Future Market

Appendix

Purchase a Copy of Report at https://www.reportsweb.com/buy&RW00012485782/buy/1295

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