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A Detailed Guide to the UK Travel Insurance Market for 2008: Understand the Future Outlook, Current Trends & Competitive Dynamics


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© Business Wire 2008
2008-10-16 23:20:03 -

www.researchandmarkets.com - Research and Markets (www.researchandmarkets.com/research/946e6b/uk_travel_insuranc) has announced the addition of the "UK Travel Insurance 2008" report to their offering.

This report is an invaluable source of information on the UK travel insurance market. It provides unique market size information and discusses the main challenges and trends facing travel insurance providers. It also reveals which underwriters are leading the

way in this market and forecasts what the future holds for the sector in the next five years under two different scenarios.

Scope

- Consumer data giving insight into travel insurance purchasing habits

- Analysis of the major competitive issues shaping the market, supported by interviews with senior industry executives and data from secondary sources

- GWP forecasts to 2012, based on The in-house expertise and proprietary model

Highlights of this title

One of the dominant trends in the UK travel insurance market over the last five years has been the shift towards more annual policy sales as opposed to single trip policies. This trend has resulted in annual policy premium income accounting for a larger proportion of travel insurers premium income in 2007.

Datamonitor estimates that the number of travel insurance policies written in 2007 increased by 2.4%. This expansion in policy numbers served to offset the decline in premium rates, which have occurred to both single trip and annual cover policies

AXA accounted for 27.1% of the market in 2007, an increase of 6.7 percentage points. The company remained the UK's largest travel insurance underwriter in 2007 and has seen its market share and lead over its nearest rivals increase. AXA's growth in market share was the result of substantial growth in premium income.

Key reasons to purchase this title

- Plan your future travel insurance strategy using The market size forecasts

- Understand consumer purchasing and decision making behavior to help you optimize acquisition rates

- Benchmark your travel insurance business against the competition

Key Topics Covered:

- Overview

- Catalyst

- Summary

- Executive Summary

- Market Context

- Customer focus

- Competitive Dynamics

- Future Decoded

- List of Tables

- List of Figures

Companies Mentioned:

- AXA

- SAGA

- AA

- AIG

- R3 Group

- Forces Travel

- Citybond

- Norwich Union

- Great Lakes

- ACE

- Mondial

- Europ Assist

For more information visit www.researchandmarkets.com/research/946e6b/uk_travel_insuranc

Source: Datamonitor

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716


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