UK SME Insurance Market: Competitor Dynamics 2016
The SME market is important for commercial insurers as SMEs account for the majority of the UK economy. With insurers increasingly targeting the segment, the market is very competitive. Insurers are developing their propositions to cater for small and medium sized enterprises. E-trade is becoming more of a central focus for the insurers in this space, as is the distribution of high-volume, low-value business via the direct channel. Organizations within the market vary in size and so have different insurance needs and service preferences, which means the SME market should not be categorized as one segment.
Browse more detail information about UK SME Insurance Market at:
Key Players in UK SME Insurance: Competitor Dynamics 2016
Get a PDF Sample of Gold Nanoparticles Research Report at: http://www.absolutereports.com/enquiry/request-sample/10395921
AXA and Aviva dominate the SME insurance space across the majority of commercial products, according to Verdict Financial’s 2015 UK SME Insurance Survey. Other insurers present in the market play to their strengths when servicing SMEs. Hiscox and Zurich are popular providers for liability products, whereas Allianz and Direct Line are strong in servicing SMEs to insure commercial motor vehicles. As the number of providers supplying commercial insurance solutions grows, and there is more choice available to potential customers, those offering the best deals in terms of the level of cover, the quality of the overall package, and price are most likely to succeed.
Purchase a Copy of this Report @ http://www.absolutereports.com/purchase/10395921
Key Findings of UK SME Insurance Market:
- AXA and Aviva dominate the SME insurance space, with 21.4% and 15.9% of SMEs respectively holding a commercial insurance policy with these providers.
- Brokers place the most SME business with Allianz, Aviva, and AXA.
Synopsis of UK SME Insurance Market:
Verdict Financial’s ‘UK SME Insurance: Competitor Dynamics 2016′ report looks at which insurers lead the way in the SME segment and how they are developing their propositions, as well as highlighting how competitor positions vary between micro, small, and medium enterprises. It examines which insurers are winning over brokers and which companies SMEs are placing their business with.
Reasons to Buy UK SME Insurance Market:
- Benchmark yourself against the rest of the market.
- Ensure you remain competitive as new innovations and insurance models begin to enter the market.
- Adapt your distribution strategy to ensure it is efficient and still meets customer purchasing behavior.
Need more details about this Report, ask our expert @ http://www.absolutereports.com/enquiry/pre-order-enquiry/10395921
List of Figures, Tables and Charts Available in UK SME Insurance: Competitor Dynamics 2016
Get Discount on UK SME Insurance Market Report at:
About Absolute Report:
Absolute Reports is an upscale platform to help key personnel in the business world in strategizing and taking visionary decisions based on facts and figures derived from in-depth market research. We are one of the top report resellers in the market dedicated towards bringing you an ingenious concoction of data parameters.