This report provides GWP forecasts for the personal and commercial insurance markets, as well as a series of individual product lines, up to 2017. The expected shape of insurance distribution within this forecast period is also analyzed.
Inform your future GWP and market share projections across both personal and commercial lines.
Benchmark your expected market growth rate against those of the whole market.
What will be the key catalysts for GWP growth or shrinkage until 2017?
How will the future size of the insurance market and the way in which products are distributed impact on your book of business?
The expansion of the RTA Portal to claims of up to 25,000 in July 2013 will yield cost savings. However, the true benefit from LASPOs changes may not be realized until at least 2015.
Going forward, direct insurers and brokers will be challenged by the affinity channel and brands that are able to engage more effectively with their customers.
House price inflation continues to outstrip earnings growth, and the winner from this is the residential landlord sector, which will continue to boom throughout the forecast period.