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Personal Finance News Releases
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(MoneyNewsWire.Net, October 25, 2016 ) Report Summary
The Employer's liability insurance market remains dominated by a group of large, established insurers. As a compulsory line, however, this is a market that commercial insurers must enter to offer mid-market commercial combined or SME packaged products. Given this dynamic, an insurer's Employer's liability business is often best not regarded in isolation but linked with the performance of public liability and commercial property books. The Employer's liability insurance market saw sluggish growth in 2015, as premium rates continued to lag behind claims inflation. The market is expected to experience difficult conditions in the coming years due to the impact of Brexit and developments in the government's personal injury reforms.
Report URL: http://www.reportsweb.com/uk-employers-liability-insurance-competitor-dynamics-2016?
Key Findings
- The top 10 insurers accounted for 68% of the total market in 2015.- Zurich is the largest Employer's liability insurer with an estimated 14% of the market.
- Only half of the top 10 Employer's liability insurers increased gross written premiums (GWP) in 2015.
- AIG and Travelers suffered the largest book contractions within the top 10.
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Reason to Buy
- Benchmark yourself against other players in the market.
- Adapt your proposition to gain a competitive advantage.
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Source: EmailWire.Com 
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