“The car insurance market experienced a turbulent 2019, with many providers posting a reduced income, and profit. Despite this there are positive signs for the market over the next five years. With greater clarification over the Ogden rate, providers will be more confident in their pricing strategies. Additionally, the move toward more flexible products is long overdue. New drivers in particular would value this approach, with the traditional car insurance ...
Download:
Search within report
Searching...
Overview
Overview
This report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered. Market
Market
Mintel provides a range of market information across categories including: forecasting and share information; internal and broader market environment information; and the issues that affect the market in question.
The Market – What You Need to Know
Market Size and Forecast
Market Drivers
Regulatory and Legislative Changes
Consumer
Consumer
Mintel conducts exclusive and original consumer research for reports, bringing up-to-date and unique insight to topical issues. This research examines the impact of social, economic, cultural and psychological influences on consumers.
The Consumer – What You Need to Know
Car Insurance Ownership
Renewal and Arrangement Behaviour
Preferred Methods of Interacting with Insurers
Motor Insurance Purchase Drivers
Important Policy Features
Potential Actions to Reduce the Cost of Motor Insurance
Attitudes towards Motor Insurance
Brand/Company
Brand/Company
Our brand research provides data and informed analysis across a number of consumer metrics including usage, satisfaction, recommendation, momentum and trust. It also explores consumer attitudes towards brands and examines the reasons behind these.
Companies and Brands – What You Need to Know
Market Share
Launch Activity and Innovation
Advertising and Marketing Activity
Brand Research
Data
Data
Reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
Appendix – Data Sources, Abbreviations and Supporting Information
Appendix – Market Size and Forecast
23rd February 2021
“Vitality is bringing its innovative ‘shared value’ model of insurance to the highly competitive and price-conscious motor insurance sector. The move comes just as new rules come into force seeking to end the ‘loyalty-penalty’ in general insurance and presents a new way to build consumer awareness of the brand and ...
|
Providers will have to be selective in who they reward for loyalty
