Monday, 16 January 2017

UK SME Insurance Market Size, Share, Key Trends, Dynamics and Opportunities, Competitive Landscape 2016

Summary
The UK SME insurance market has continued to grow. In 2015, the market was worth £7.7bn in gross written premiums (GWP), up 12.1% year-on-year. This has been driven by a growing economy, which has facilitated increases in the number of SMEs in the UK and consequently the opportunity to sell commercial insurance.

Synopsis
Verdict Financial's “UK SME Insurance: Market Dynamics and Opportunities 2016” report analyzes the UK SME insurance market. Economic factors including GDP growth, SME business confidence, and unemployment rates are explored in relation to the UK's business landscape.

Growth in the number of SMEs is explored by business size and industry. The SME market is discussed in relation to the uptake of commercial insurance. Finally an estimate of the current and historic market size is provided, in addition to a five-year forecast.


Key Findings
- Micro businesses account for 95.5% of UK private sector enterprises and 18.1% of generated turnover.

- Uptake of cyber insurance and directors and officers liability insurance has risen by 11.6 and 10.5 percentage points respectively since 2014.

- 38.0% of SMEs are concerned about an event that would stop them trading.

- The UK SME insurance market is forecast to be worth £9.04bn in 2020.


UK Commercial Property Insurance Market Size, Share, Competitor Dynamics, Key Trends and Opportunities 2016

Summary
The UK commercial property insurance market is highly competitive and the market has been stuck in a soft period of the cycle for a prolonged period. The market witnessed a decline in 2015 and the profitability of the top players also remained subdued. High operating costs and continued competition via market overcapacity are cutting into insurers' profitability.

Synopsis
Verdict Financial's “UK Commercial Property Insurance: Competitor Dynamics” report is one of a series providing a high-level look into insurer activity during the last year within a product area and benchmarks the leading insurers against each other. Each report looks at the top 10-20 players to see how they have performed but also to see how they have changed their overall propositions.


Key Findings
- The top 10 insurers account for 65.3% of the market.

- Aviva remains the largest commercial insurer in the UK.

- Aviva was the provider of choice for commercial brokers.


Reasons To Buy
- Benchmark yourself against other players in the market.

- Adapt your proposition to gain competitor advantage.

See More Reports of This Category by Radiant Insights: http://www.radiantinsights.com/catalog/financial-services

About Radiant Insights,Inc:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Contact Details:

Michelle Thoras         
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street, Suite 3036, San Francisco, CA 94105, United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519

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.


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.


Reasons To Buy
- Benchmark yourself against other players in the market.

- Adapt your proposition to gain competitor advantage.

See More Reports of This Category by Radiant Insights: http://www.radiantinsights.com/catalog/financial-services

Tuesday, 10 January 2017

UK Protection Insurance Market Size, Share, Key Trends, Critical Illness and Income Protection

Summary
Individual product performance in the protection market is a turbulent and confusing picture, with erratic premium behavior across the board.

 While term (and specifically non-mortgage term) products are still the dominant force with over 70% of protection share, there has been downward pressure on every product line in recent times, reflecting the uncertain, fragile national macroeconomic picture. Indeed, in the absence of major market-driven change it is the macro-environment that dictates performance.

Synopsis
Verdict Financial's “UK Protection Insurance: Critical Illness and Income Protection” examines the protection market, focusing on two products: critical illness and income protection. It examines how the market has performed and explores the key drivers shaping the market going forward. It also highlights the impact of RDR and provides a forecast for the next five years.

Access Full Report with TOC @ http://www.radiantinsights.com/research/uk-protection-insurance-critical-illness-and-income-protection

Thursday, 29 December 2016

China Wealth Market Growth, Strategies and Opportunities by Radiant Insights

Summary
The Chinese private banking industry is hard to penetrate. However, wealth managers that are aware of the local make-up of the HNW market will find it to be highly profitable. Chinese HNW investors have mainly sourced their wealth through a mixture of entrepreneurship and earned income. While investors value professional advice, they are reluctant to relinquish control and tend to prefer advisory mandates. The average portfolio is heavily invested into cash and near cash-products and property, and this is not expected to change. Chinese HNW clients also show moderate to strong demand for auxiliary services, suggesting that a multi-service proposition is critical in China.


Key Findings
- HNW entrepreneurs will prove to be lucrative, accounting for 33.6% of the local HNW population.

- Expats also represent a noteworthy proportion of the Chinese resident HNW population, accounting for 14.1%.

- HNW investors allocate an above average and growing proportion of their wealth into cash and near-cash products.

- HNW demand is particularly pronounced for advisory asset management, but technological advancements and investors' desire to manage simple investments themselves is driving demand for execution-only asset management.

- Already high demand for margin lending is forecast to increase even further, and wealth managers should ensure clients understand the risks associated with a leveraged investment strategy.


About Us:
Radiant Insights Inc. is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA

Radiant Insights, Inc
28 2nd Street,
Suite 3036 San Francisco,
CA 94105 United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519

Wednesday, 28 December 2016

Morgan Stanley Market Size, Share, In-Depth Analysis and Forecast 2016 by Radiant Insights

Summary
Morgan Stanley is a US-based financial services provider that operates three main business segments. The company's wealth management segment, Morgan Stanley Wealth Management (MSWM), is comprised of 15,000 financial advisors in four regions around the world, offering various financial and advisory services, wealth planning, insurance products, and retirement services. Led by Colm Kelleher, MSWM continues to display strong performance both in revenues and contribution to Morgan Stanley group revenues. Morgan Stanley targets HNW clients and UHNW individuals with more than $20m in liquid assets through its Private Wealth Management brand. The division also pursues niche audience segments such as athletes and celebrities. MSWM has not been involved in MandA activity since May 2014, when the company sold its Swiss private banking operations to Safra Group. However, the company continues to grow its client base through new products as well as digital platforms.


Key Findings
- Morgan Stanley remains present in Europe, the Middle East, and Africa but has significantly reduced its global footprint. In June 2016 Morgan Stanley opened a third office in Miami to serve clients residing in Latin America, allowing the company to meet the needs of clients with offshore wealth.

- As part of the company's strategic update, CEO James Gorman has presented the next phase of Project Streamline 2016-2017, an initiative that focuses on reducing expenditures across Morgan Stanley. The project aims to achieve this through five main pillars, including structurally simplifying the organization and outsourcing.

- In 2015 MSWM improved its cost/revenue ratio, reflective of the company's goal of cutting costs and shifting focus towards its more stable wealth management division.

- The company focuses on products that resonate with a range of client interests and lifestyles, such as its Catholic Values investing tool kit and discounts through its Reserved Living and Giving program.

- Morgan Stanley has a strong presence on social media platforms. Since mid-2014 Morgan Stanley advisors who have undergone an online training course and have at least 15 followers are allowed to generate tweets for the company's official account.

Synopsis
Verdict Financials "Super League In-Depth Analysis: Morgan Stanley 2016" is a comprehensive analysis of Morgan Stanley's wealth management operations. It offers insight into the company's strategy, financial results, and marketing activities. It also covers recent MandA activity, customer targeting, and product innovation.

Buy a Sample copy of This Report @ http://www.radiantinsights.com/research/super-league-in-depth-analysis-morgan-stanley-2016/request-sample

Digital Lifestyles Market Customer Segmentation in UK Insurance by Radiant Insights

Summary
Society is becoming increasingly connected. Technology has allowed us to be online anytime and anywhere, through portable devices such as smart phones and tablets. This means that consumers have instant access to goods, products, and services. Connection is also extending through the Internet of Things, where big data is collected through wearable tech, connected cars, and smart homes. The result is that consumers expect and look for ever-responsive, convenient, tailored services via a channel they can access from wherever they choose. Catering for digitally active and tech-savvy individuals should be important for insurers, considering that 42% of consumers identified with the Digital Lifestyles trait according to Verdict Financials 2015 UK General Insurance Consumer Survey.


Key Findings
- 65% of under-24s were defined as having the "Digital Lifestyles" trait - a label that also represented more than half of those under 44, before dropping away among the over-50s.

- Just over a third of consumers feel nervous when they're without a Smartphone to remain "connected."

- The online channel is vital in distribution, considering that 45% of consumers identified with the Digital Consumption trait - meaning that they prefer to buy goods and services online.

Synopsis
Standard demographic analysis often fails to reveal sufficiently deep insight into consumer behavior and the motivations behind this. We have produced an attitudinally based segmentation of the consumer market, and have used this to examine the market for key financial products. One of the eight key attitudinal groups is the focus of this brief: Digital Lifestyles. There are two ways in which Digital Lifestyles can be viewed in consumers' approach to their services: being uncomfortable without a Smartphone to remain "connected," and being most comfortable online. It's from these two facets that the following trends within our model are derived: Always Connected and Digital Consumption.

Buy a Sample copy of This Report @ http://www.radiantinsights.com/research/customer-segmentation-in-uk-insurance-digital-lifestyles/request-sample