(MoneyNewsWire.Net, April 29, 2018 ) "High Net Worth Household Insurance 2018", report provides an in-depth study into specialist home insurance products for wealthy individuals. The report outlines what a typical MNW and HNW home insurance product includes and how they are distributed. Key issues associated with the industry are addressed in addition to highlighting key market players, their products and latest developments.
Ask for PDF Sample with Full TOC at https://tinyurl.com/ycldsx3m
Key Leading Companies Mentioned: AIG, Aviva, AXA ART, Chubb, Covéa, Hiscox, Plum Underwriting, Zurich, XL Group, Azur
Within the UK household insurance market there is a segment dedicated to providing specialist policies for individuals whose above-average wealth would result in them being underinsured should they hold a standard, mass market policy. In response, providers have developed policies for both mid net worth (MNW) and high net worth (HNW) individuals that typically have wider coverage and higher limits than standard policies.
The number of HNW and MNW households in the UK is forecast to continue rising over the next five years. This, combined with average premiums which it is believed will hold constant or rise slightly, will allow the market GWP to continue its year-on-year growth. In order for providers to capitalize on this potential growth they must begin to adopt online platforms which can be utilized for the purchasing journey and claims process, as customer preferences have slowly started to change towards those found within the mass market.
Scope
- The dominant players in the specialist household insurance market remain Hiscox and Chubb. - Consumer purchasing and research attitudes found within the mass market are beginning to trickle into the MNW market as individuals’ wealth grows and they continue to hold these attitudes. - Specialist HNW and MNW insurers are regarded as providing some of the best insurance across the industry.
Reasons to buy
- Benchmark yourself against the rest of the market. - Ensure you remain competitive as new innovations and insurance models begin to enter the market. - Be prepared for how regulation will impact the household insurance market over the next few years.
Enquire before Buying at https://tinyurl.com/y9nqxuet
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Note: If you have any special requirements, please let us know and we will offer you the report as you want.
Orbis Research
Hector Costello
+1 (214) 884-6817
sales@orbisresearch.com
Source: EmailWire.Com
|