Personal Non-Life Insurance Brokers in the UK

The report titled Personal Non-Life Insurance Brokers in the UK, plus the BrokerBASE™ and market data file that accompany it, investigate the involvement of brokers in the distribution of non-life insurance for individual consumers in the UK. This study first provides data for the size, segmentation and growth of the UK personal non-life insurance market itself. It then quantifies the share of this market that is intermediated by brokers and, based on extensive primary research of all significant broking entities, it ranks the leading 60 brokers in the UK according to their revenues from personal non-life insurance, excluding income from other activities such as commercial lines, employee benefits, wholesale insurance and reinsurance.

This report provides unique data in the following areas:

• the value and segmentation of personal non-life insurance markets from 2010 to 2014;

•  the share of this market distributed by brokers in 2010 and 2014;

• the revenues generated for brokers by personal lines insurance business in 2010 and 2014;

• the concentration of the market for personal non-life insurance broking in 2014 defined as the share of revenues of the top three and top ten brokers;

• forecasts for 2018 for the value of personal non-life insurance premiums, brokers' distribution share within this market and the revenues consequently generated from personal lines broking activity.

• to quantify the size, growth and dynamism of the market for personal lines broking in the UK;

• to gain access to a single comprehensive source of information that employs a uniform methodology to quantify the value of the underlying personal non-life insurance market and to quantify brokers’ share of distribution;

• to understand the competitive landscape in the UK personal lines broking sector as defined by its degree of market concentration, the market share of national brokers relative to regional and local ones, and brokers' distribution strategies;

• to identify the leading 60 personal non-life insurance brokers in the UK, with coverage of competitors such as Ageas Retail, BGL Group, Hastings Insurance Group, Saga and Swinton Group.