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UK Commercial Motor Insurance Market Size , Share , Competitor Dynamics , Key Trends and Opportunities 2016
Summary The UK commercial motor insurance market is highly competitive . The market grew slightly in 2015 as a result of economic growth , which boosted business prosperity and therefore investment in commercial vehicles to support business expansion . But with the effects of Brexit looming large , the market is expected to witness slow growth as businesses become more wary of making investments in new commercial vehicles .
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Synopsis Verdict Financial ' s “ UK Commercial Motor Insurance : Competitor Dynamics 2016 ” is part of a series providing a high level look into insurer activity during the last year within commercial motor . Each report looks at the leading players to see how they have performed and how they have changed their overall proposition .
Key Findings - The top 10 insurers account for more than three quarters of the market .
- RSA , Aviva , Allianz , and NFU Mutual have been the top four since 2013 . - NFU Mutual was the most profitable commercial motor insurer among the top 10 .
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Reasons To Buy - Benchmark yourself against other players in the market .
- Adapt your proposition to gain competitor advantage .
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