REsearch Report Life

ResearchMoz presents professional and in-depth study of "UK Pet Insurance: Market Dynamics and Opportunities 2018". Summary This report analyzes the UK pet insurance market, looking at market size as well as changes in premiums, claims, medical costs, pet ownership, and opportunities. It discusses competitors in the market, how the market is likely to change due to rising costs and emerging technology, and provides future forecasts of market size up to 2022. Get PDF for more Professional and Technical insights @ https://www.researchmoz.us/enquiry.php?type=S&repid=1843614 The UK pet insurance market experienced another year of growth in 2017, with total market gross written premiums (GWP) of 1,190m - an increase of 13.8% compared to 2016. The number of policies also grew considerably by 10.9% to reach 3.76 million. Yet there is still considerable potential for further growth as the majority of pets in the UK remain uninsured. Medical inflation remains one of the main driv...

ResearchMoz presents this most up-to-date research on UK Pet Insurance: Distribution and Marketing 2016. Summary 2016 saw the UKs supermarkets and major retailers confirm their role in the distribution of pet insurance , with a significant proportion of consumers now seeking alternative channels to obtain their policies. While many pet owners still prefer to approach their insurer directly, supermarkets and retailers are benefiting from those who value convenience and the opportunity to purchase insurance cover at the same time as other products. Much of the growth in this channel can be attributed to the marketing and advertising strategies employed by these groups. Direct mailing is a favored option, as these groups often have a wide customer base and many subscribers to their internet channels, and have a tendency to offer simpler online purchasing platforms than traditional insurers. Key Findings - Retail/affinity providers are now the second most popular channel of distribution f...