UK Home Emergency Insurance and Home Services 2018
UK Home Emergency Insurance and Home Services 2018, report provides an in-depth analysis of the UK home emergency insurance and home services market. Among the points discussed include the size of the market, the current and forecasted value of home emergency GWP, as well as the use of smart technology in the home.
The home emergency (and home services) market declined slightly in 2017, as market leader British Gas saw a reduction in its GWP. Competition within the market is increasing gradually, as more providers seek to expand on the core products that center around boiler cover. However, the market - and the benchmark for propositions - remains dominated by British Gas. Technological advances are gradually providing opportunities for providers to develop policies that aim to prevent claims from occurring. This is a nascent segment, with only early adopters currently offering such policies. With these continuing developments the market is forecast to continue growing incrementally.