UK Landlord Rent Guarantee Insurance: Market Dynamics, Affinities and Partnerships

UK Landlord Rent Guarantee Insurance: Market Dynamics, Affinities and Partnerships is a report investigating the market for landlord rent guarantee insurance in the UK with a focus on smaller private landlords who own fewer than ten rental properties. Key features include: an outline of market drivers and the value, growth and segmentation of the market from 2010 to 2014; quantification and commentary concerning the segmentation of policies in force by distribution channels used to buy them in 2014; estimates for underwriter market shares in 2014; a comprehensive listing of major affinity and partnership marketing relationships visible at the time of the research in 2015 for this type of policy; and forecasts for the value of the market up to 2018.

In this report, landlord rent guarantee insurance is defined as insurance that covers landlords if tenants fail to pay their rent; these policies invariably incorporate legal protection cover to insure against legal costs specifically related to non-payment of rent. Indeed, they are frequently marketed as landlord legal expenses and rent guarantee insurance policies. However, this report only considers landlord rent guarantee insurance when bought as a stand-alone policy thus excluding cover bundled automatically or optionally within landlord property insurance. (Note that landlord property insurance, in particular, is the object of a sister report in this series, UK Landlord Property Insurance: Market Dynamics, Affinities and Partnerships.)

In keeping with 19 other studies in this series, research processes and sources used to create it include the following: primary interviews with leading brokers, underwriters and affinity / corporate partners active in this field; in-house data drawn from other Finaccord reports; and comprehensive analysis of secondary information from a diverse range of data sources including UK government departments and financial regulators, relevant lifestyle organisations and trade associations, specialist publications and published disclosures by competitors active in the market.

For further information about this research, please access the table of contents and series prospectus by clicking on the corresponding links to the left-hand side of this page, or e-mail [email protected].