Channel Metrics: UK Loan Payment Protection Insurance - Consumer Distribution Trends : Market Research Report

Channel Metrics: UK Loan Payment Protection Insurance - Consumer Distribution Trends

Published: Feb. 1, 2010 - 25 Pages

0.0 EXECUTIVE SUMMARY
1.0 INTRODUCTION: Research rationale; A number of motivating factors underpin the Channel Metrics report and series of briefings; Updating the results from the 2005 and 2007 surveys; Analysis of consumers making an active distribution choice; Analysis of consumers purchasing or taking out financial services in prior years; Analysis of distribution interfaces; Analysis of specific distribution channels; Expanding upon the results from the 2005 and 2007 surveys; Finaccord; Channel Metrics briefings; Other UK consumer research publications; UK affinity and partnership marketing research publications; UK small business financial services research publications
2.0 ANALYSIS OF RESULTS: Introduction; Option for customised data analysis; Switching rates and brand new sales - 2009; New sales of loan payment protection insurance have fallen dramatically; Distribution interfaces - 2009, 2007 and all previous buyers compared; The upselling rate for loans to loan payment protection insurance is only slightly higher; face-to-face; Distribution channels - 2009, 2007 and all previous buyers compared; Overview; Banks and building societies have lost market share to all other channels; Detailed analysis; Online aggregators now hold over a third of sales to switchers and new buyers
3.0 APPENDIX: Research sample and mechanics; Research methodology and structure
GRAPHICS / TABLES: The financial services distribution channel universe - specific distribution channels and distribution interfaces; % of consumers switching provider or acquiring loan payment protection insurance for the first time, 2009; Analysis of distribution interfaces used for acquiring loan payment protection insurance, 2009, 2007 and all previous years; Analysis of distribution interfaces used for acquiring loan payment protection insurance, 2009, 2007 and all previous years (data); Overview of distribution channels used for acquiring loan payment protection insurance, 2009, 2007 and all previous years; Overview of distribution channels used for acquiring loan payment protection insurance, 2009, 2007 and all previous years (data); Comparison of main distribution channels used for acquiring loan payment protection insurance, 2009 and all previous years; Detailed analysis of distribution channels used for acquiring loan payment protection insurance, 2009, 2007 and all previous years (data); Sample breakdown by age group, household income band and geographical location

Abstract

The Channel Metrics briefing about loan payment protection insurance is the most detailed and up-to-date guide to distribution trends in loan payment protection insurance in the UK available on a published basis. It analyses: how consumers acquire loan payment protection insurance - e.g. online, telephone, post or in person; from whom they acquire them - e.g. direct from the provider, through intermediaries or affinity schemes; and how often they acquire them - i.e. how many consumers acquired loan payment protection insurance in the last year, either for the first time or by switching provider instead of renewing or carrying on with an existing product. Findings from this survey are compared with those from 2007 to show trends over time.

Get Full Details About This Report >>

US: 800.298.5699

Int'l: +1.240.747.3093

About MarketResearch.com
MarketResearch.com is an online aggregator selling over 300,000 market research reports, company profiles and country profiles from over 700 research firms. Our reports will provide you with the critical business and competitive intelligence you need for strategic planning and marketing research. Coverage includes the US, UK, Europe, Asia and global markets.

2/15/2012 - 31

Channel Metrics: UK Loan Payment Protection Insurance - Consumer Distribution Trends

Table of Contents

Abstract