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The Future of UK Protection 2009

Datamonitor
May 29, 2009
264 Pages - Pub ID: DFMN2280592
 
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Abstract

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Countries covered: United Kingdom

Introduction

The current economic turmoil, characterized by plummeting share prices and a troubled housing market, is in some areas having a positive impact on the protection market. In spite of current challenges, providers can capitalize on consumers' realization of the value of term, income protection and critical illness insurance through simplification of products and expansion of distribution channels.

Scope
  • Examines the current shape of the protection industry and explore factors that are currently limiting new business.
  • Assesses strategies to combat barriers to consumer engagement with term, critical illness insurance and income protection.
  • Identifies key competitors and examines their differing strategies in the UK protection market.
Highlights

The need to focus on customer education from all industry parties has never been more urgent. In particular, advisors are well placed to sell protection and educate customers to its importance.

Reasons to Purchase
  • Gain valuable insight into how to react to the latest innovations and developments in the protection market.
  • Understand the protection market, the distribution trends and the key drivers of new business for term, CII and IP.
  • Access Datamonitor's forecasts for the market and valuable knowledge of how the sector is set to develop.

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