Commercial Motor Insurance Market – Major Technology Giants in Buzz Again | QBE, Allianz, Aviva

A new independent 38 page research with title 'UK Commercial Motor Insurance: Market Dynamics & Opportunities 2018' guarantees you will remain better informed than your competition. The study covers geographic analysis that includes regions and important players/vendors such as QBE, Allianz, Aviva. With n-number of tables and figures examining the Commercial Motor Insurance, the research gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2022

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Summary
UK Commercial Motor Insurance: Market Dynamics & Opportunities 2018

"UK Commercial Motor Insurance: Market Dynamics & Opportunities 2018", report analyzes the UK commercial motor insurance market, looking at market size as well as changes in premiums, claims, road casualties, the motor parc, regulations, and opportunities. It discusses competitors in the market, how the market is likely to change due to telematics and driverless cars, and provides future forecasts of market size up to 2022.

The commercial motor market is estimated to have grown by 2.5% in 2017, reaching £4,281m in GWP. This growth has been driven by a combination of factors, including slight economic growth which has boosted consumer and business confidence as well as an increase in the size of the commercial motor parc. Claims in the commercial motor insurance market are affected by the UK’s whiplash culture in the same way as the private motor insurance market; the UK government has sought to combat this through the proposed Civil Liability Bill, which is due to come into effect in April 2020. Once the bill is implemented the commercial motor market will likely experience a reduction in both the number and cost of claims, allowing for insurers to lower premiums.

Scope

- The UK commercial motor insurance market is estimated to have grown by 2.5% to £4,281m in 2017.
- Claims notified in the commercial motor insurance market declined in 2017; the incoming Civil Liability Bill is likely to extend this decline further in the coming years.
- The commercial motor market is forecast to continue growing, breaking through the £5bn threshold in 2022.

Reasons to buy

- Keep up-to-date with the new trends and innovations in the market.
- Benchmark yourself against competitors.
- Learn about growth in all aspects of the market, what is driving it, and whether it looks set to continue.

Companies Mentioned in the Report

QBE
Allianz
Aviva

In order to get a deeper view of Market Size, competitive landscape is provided i.e. Revenue (Million USD) by Players (2013-2018), Revenue Market Share (%) by Players (2013-2018) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.

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Competitive Analysis:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as QBE, Allianz, Aviva, includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.

In this study, the years considered to estimate the market size of UK Commercial Motor Insurance: are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025

Key Stakeholders/Global Reports:
UK Commercial Motor Insurance: Manufacturers
UK Commercial Motor Insurance: Distributors/Traders/Wholesalers
UK Commercial Motor Insurance: Subcomponent Manufacturers
Industry Association
Downstream Vendors

View Detailed Table of Content @ https://www.htfmarketreport.com/reports/1378177-uk-commercial-motor-insurance-1

Table of Contents
1. EXECUTIVE SUMMARY 2
1.1. Market summary 2
1.2. Key findings 2
1.3. Critical success factors 2
2. MARKET DYNAMICS 7
2.1. Introduction 7
2.2. Commercial motor market GWP increased in 2017 7
2.2.1. The total motor insurance market grew by 4.6% in 2017 7
2.2.2. The number of commercial vehicles continues to increase 9
2.2.3. The number of miles driven on UK roads continues to rise 11
2.2.4. Fluctuations in fuel prices will influence market dynamics 11
2.2.5. Reforms in the claims market have impacted GWP 12
2.2.6. Increases in insurance premium tax could influence the future market 13
3. THE CLAIMS LANDSCAPE OF THE COMMERCIAL MOTOR M

....Continued

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