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Risk & Damage Evaluation in the UK - Industry Market Research Report

Publisher IBISWorld
Published Jul 31, 2024
Length 73 Pages
SKU # IBSS19120269

Description

Risk & Damage Evaluation in the UK - Industry Market Research Report


Risk & Damage Evaluation in the UK

The industry is an outsourced claim adjusting and processing service for insurers. It provides services to policyholders through independent third-party validation or the contesting of evaluations made by assessors employed by the insurers underwriting the policy. Demand for risk and damage evaluation closely follows trends in the level of outsourcing insurers choose to undertake, insurance coverage and the frequency of insured risks. These have all performed strongly in recent years in line with the general insurance industry. So, revenue is projected to swell at a compound annual rate of 2.9% over the five years through 2022-23 to £2.1 billion.

The industry provides insurance administration services, assessing insurance claims made by policyholders and settling claims.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

73 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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