AFFINITY AND PARTNERSHIP MARKETING IN UK LIFE INSURANCE, RETIREMENT PRODUCTS AND FINANCIAL ADVICE TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY...
|
|
- Gordon Bradley
- 6 years ago
- Views:
Transcription
1 TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY INTRODUCTION... 2 Background... 2 Rationale... 2 Affinity and partnership marketing remains an important, strategic topic for financial institutions as the ability of affinity and corporate partners to compete effectively has evolved over time... 2 Implementation of the RDR is likely to have had a specific impact on the services covered by this report... 2 Methodology... 4 Organisations investigated... 4 Finaccord's research covers a total of 2,555 actual and potential partner organisations representing virtually all entities that could be significant in this field... 5 Calculation of weighted provider share of partnerships... 5 Finaccord's methodology identifies providers that are likely to hold the most valuable relationships by means of formulae that take into account not only UK traffic rankings for organisations' websites but also distribution shares for each financial product or service by organisation category and the total number of organisations in each category that actually distribute the product... 6 Definitions... 6 Financial products... 6 Term life, critical illness, income protection, over-50s and funeral expenses policies are all in scope... 6 as are various products taken out either before or at retirement... 6 Financial advice can also encompass savings and investments plus tax and estate planning... 7 Operating models... 7 PartnerBASE syntax... 8 Finaccord... 8 UK affinity and partnership marketing publications... 8 UK consumer research publications MARKET OVERVIEW Affinities and partnerships in UK life insurance, retirement products and financial advice Life insurance Finaccord s research identifies over 300 schemes for life insurance involving an external partner which are divided between 19 distributor categories Many affinity schemes are organised via hybrid operating models embracing different approaches often as a result of more than one type of life insurance being on offer Only two organisations are ranked in the top eight for both the weighted and unweighted analysis namely Legal & General (the leading provider in both) and LifeSearch The relationships of both Legal & General and Aviva Life & Pensions lie mainly in the financial sector LifeSearch recorded annual turnover of just under GBP 20 million in the most recent financial year Retirement products Partner organisations in 13 out of 29 categories have a clearly articulated retirement product proposition Retirement products are more often organised via an external intermediary than directly with the provider By outright number of partnerships, Just Retirement and Key Retirement are the leaders Just Retirement acts as both a direct product source and a provider of advice and comparison services Origen Financial Solutions lays claim to the partnership that contributes the most in weighted terms Financial advice % or more of organisations in five categories act as providers of financial advice producing a total of over 130 initiatives involving an external IFA or other provider Financial advice is most often organised in association with a single external IFA FINACCORD (06/2015) I
2 Lighthouse Financial Advice claims the most affinity and corporate partnerships partly (although not only) because of its relationship with Parliament Hill In the weighted analysis, a single partnership is sufficient to secure the position of the sector leader Lighthouse Financial Advice secured a brand new relationship with Unite in February NOT-FOR-PROFIT AFFINITY PARTNERS Charities The websites of Age UK and the RSPB attract particularly high UK-based traffic Analysis of partnerships Life insurance is promoted by one in five charities researched Arthur J Gallagher and Dignity Pre Arrangement are the most visible providers of life insurance to charities Golden Charter and The Insurance Surgery benefit from ties with three charities and a variety of other providers of life insurance hold one or two partnerships each in this sphere A number of charities have arrangements for promoting retirement products to their supporters and for some of these the service also extends to the area of general financial advice Lifestyle organisations Introduction The category of lifestyle organisations embraces a diverse range of entities Analysis of partnerships St. James's Place Wealth Management works with the captive IFA of one lifestyle association Professional associations Introduction The combined membership of professional associations comes to just under 4 million Analysis of partnerships Over a third of professional associations have organised a scheme for life insurance Parliament Hill runs member benefit schemes on behalf of numerous professional associations making it the dominant provider in this sector by both unweighted and weighted share HMCA also holds a significant number of partnerships in this arena Nine other providers of life insurance have secured deals with professional associations Few professional associations have a specific offering in the area of retirement products although over 40 have appointed a preferred provider of financial advice Apart from Parliament Hill, Lloyd & Whyte has the most ties with professional associations in this arena Sports organisations Introduction This category includes bodies to which individual sports clubs, practitioners and trainers may belong Analysis of partnerships Seven sports organisations have established affinity programs for life insurance but none for retirement products and just two for financial advice Trade associations Introduction Finaccord has extended its coverage in this category to over 700 associations Analysis of partnerships Over 20 trade associations offer life insurance to the employees of their member companies In this domain, HMCA is the only provider with more than one distribution partnership with the remainder spread thinly across ten separate entities Scottish Widows benefits from its relationship with the Federation of Small Businesses Several trade associations have appointed an accredited provider of financial advice Trade unions Introduction There are over 6 million trade union members in the UK Analysis of partnerships A significant number of trade unions include life insurance among offers made to members Five providers work directly or indirectly with two or more trade unions FINACCORD (06/2015) II
3 and more than a dozen others with one trade union each, including Unite Life with Unite UIB consistently achieves a high level of profitability relative to its annual turnover For retirement products, Hencilla Canworth acts as provider to both Equity and the Musicians Union Over 30 trade unions have organised an accredited provider of financial advice for their members Lighthouse and Endsleigh are prominent providers in both unweighted and weighted terms in part by virtue of the fact that they are two of only four entities with more than one relationship Universities Introduction The Open University's website attracts more UK traffic than that of any other UK-based university Analysis of partnerships A few universities include life insurance as an element of their alumni or current student benefits and for a couple, financial advice is also available FINANCIAL PARTNERS Banks Introduction Several challenger banks have emerged to compete with the major incumbents and further structural changes to the market are likely to occur in future years Analysis of partnerships Just over one third of banks researched are distributors of life insurance although the number of providers with mandates in this space has shrunk to just seven Only two banks have any specific proposition in the area of retirement products A dozen banks continue to offer financial advice in one form or another occasionally acting as tied agents or working with an external IFA but more normally organising the service internally albeit with the model determined by the RDR Building societies Introduction Mergers and acquisitions have caused the number of extant building society brands to shrink to Analysis of partnerships Almost two thirds of building societies remain active as distributors of life insurance although only five providers claim more than one building society partnership which is partly due to the strength of Legal & General in this channel The provision rate for retirement products has retreated to just five out of 49 organisations A majority of building societies offer financial advice with three operating models in evidence including tied agency, for which Legal & General is the dominant provider and use of an external IFA, for which Towergate Financial holds most partnerships Credit unions Introduction Total membership across around 360 credit unions in the UK now exceeds 1.17 million with all key credit union metrics having grown strongly in recent years apart from the actual number of credit unions given that there were over 500 in Few credit union websites attract a significant volume of UK-based visitors Analysis of partnerships Sterling Life is taking over from CUNA Mutual as provider of life savings insurance to credit union members Friendly societies Introduction Finaccord's research covers 25 of the larger friendly societies in the UK among which Liverpool Victoria (LV=) is by far the largest Analysis of partnerships Selling protection-related life insurance is a core activity for the vast majority of friendly societies although only two are involved in the field of retirement products Two friendly societies offer financial advice, both by means of a captive IFA Insurers (tied / multi-tied intermediaries) FINACCORD (06/2015) III
4 Introduction Over 50 branded intermediaries effectively act as tied or multi-tied agents for insurance products meaning that they also constitute a partnership marketing opportunity Analysis of partnerships Five types of operating model are in evidence for life cover sold through entities in this category Alpha Insurance holds the most partnerships with distributors in this category but Scottish Friendly emerges most favourably from the weighted analysis Insurers (underwriters) Introduction Over 80 insurance underwriting brands can be broken down into three main sub-categories Sometimes, insurance underwriting brands distribute the policies of other underwriters or brokers Analysis of partnerships out of 41 insurance underwriting brands work with a non-internal provider of life policies often filling in product gaps where they do not underwrite a policy type themselves Cigna, Legal & General and Vitality Life lead in this field by weighted share of partnerships Just Retirement holds two partnerships for retirement products with insurance underwriting brands Wealth at Work claims the deal for financial advice delivering the highest weighted share of partnerships and is a company that has recorded rapid growth in turnover in recent years Online aggregators and brokers Introduction The market for online aggregation and broking has become more concentrated in recent years as a result of a number of factors including the challenge thrown up by cashback websites Analysis of partnerships Some entities in this category have their own search engine but many outsource to external providers ActiveQuote is used for income protection insurance comparisons by two major aggregators although they use other providers for mainstream life insurance policies Five providers have three partnerships each in this category but they are rarely exclusive ones Six major online intermediaries have devised a system for promoting retirement products although just five are active in the provision of general financial advice Specialised lenders Introduction The category of specialised lenders includes a variety of different types of institution with many new competitors having emerged in the wake of the 'credit crunch' Analysis of partnerships A single initiative for life insurance is visible in this partner category COMMERCIAL PARTNERS Automotive associations Introduction In addition to the AA and RAC, nine other organisations fall within this partner category Analysis of partnerships Three automotive associations distribute life insurance, all by means of a different operating model The CSMA Club maintains a partnership with Lighthouse Financial Advice Coalition loyalty schemes and frequent flyer programs Introduction Among qualifying entities, Nectar s website attracts the most UK-based online traffic Analysis of partnerships Two loyalty schemes allow members to earn 'currency' by purchasing life insurance Estate agency and property service firms Introduction This category includes prominent online estate agency and property portals as well as traditional chains Analysis of partnerships FINACCORD (06/2015) IV
5 Almost three quarters of organisations in this category have an arrangement for promoting life insurance Legal & General and Mortgage Advice Bureau are the category leaders on an unweighted basis in a fragmented field in which there are at least 40 competing providers in total Mortgage Advice Bureau grew its turnover by almost 50% in the most recent financial year The high traffic attracted to the website of Zoopla is of benefit to lovemoney.com in the weighted analysis Many fewer estate agency and property service firms have a specific arrangement for retirement products firms have an arrangement in place for offering general financial advice although only one provider has a relationship with more than one of them Private Finance and SPF Private Clients are most prominent in the weighted analysis Internet, media and telecoms entities Introduction This category embraces many organisations with extremely high UK website rankings which can have a substantial impact on the analysis of weighted partnership shares Analysis of partnerships Entities in this category are displaying less interest in acting as distributors of life insurance In weighted terms, London & Country holds the partnership that apparently offers most potential Most initiatives for retirement products have been set up with one or more independent financial advisers Just Retirement and Key Retirement both have two partnerships each in this distribution category while Skipton Financial Services is used by two for general financial advice Retailers Introduction The research focuses on 80 of the retailer brands with most potential to offer insurance products Analysis of partnerships Eight major retailing brands are used for selling forms of protection-related life insurance FINACCORD (06/2015) V
6 LIST OF GRAPHICS / TABLES 0.0 EXECUTIVE SUMMARY INTRODUCTION... 2 The affinity and partnership marketing universe... 3 Organisations investigated, segmented by broad category MARKET OVERVIEW Affinity and partnership marketing schemes for life insurance in the UK: provision rate by category of partner Affinity and partnership marketing schemes for life insurance in the UK: operating models Affinity and partnership marketing schemes for life insurance in the UK: unweighted and weighted provider share of partnerships Affinity and partnership marketing schemes for retirement products in the UK: provision rate by category of partner Affinity and partnership marketing schemes for retirement products in the UK: operating models Affinity and partnership marketing schemes for at-retirement products in the UK: unweighted and weighted provider share of partnerships Affinity and partnership marketing schemes for financial advice in the UK: provision rate by category of partner Affinity and partnership marketing schemes for financial advice in the UK: operating models Affinity and partnership marketing schemes for financial advice in the UK: unweighted and weighted provider share of partnerships NOT-FOR-PROFIT AFFINITY PARTNERS Charities offering life insurance: provision rates and operating models Charities offering life insurance: unweighted and weighted provider share of partnerships Charities offering retirement products: provision rates and operating models Charities offering retirement products: unweighted and weighted provider share of partnerships Charities offering financial advice: provision rates and operating models Charities offering financial advice: unweighted and weighted provider share of partnerships Lifestyle organisations offering retirement products and financial advice: provision rates and operating models Top 40 professional associations in the UK ranked by member numbers, 2015 (table) Professional associations offering life insurance: provision rates and operating models Professional associations offering life insurance: unweighted and weighted provider share of partnerships Professional associations offering retirement products: provision rates and operating models Professional associations offering retirement products: unweighted and weighted provider share of partnerships Professional associations offering financial advice: provision rates and operating models Professional associations offering financial advice: unweighted and weighted provider share of partnerships Sports organisations offering life insurance: provision rates and operating models Sports organisations offering life insurance: unweighted and weighted provider share of partnerships Sports organisations offering financial advice: provision rates and operating models Top 80 trade associations in the UK ranked by member numbers, 2015 (table) Top 80 trade associations in the UK ranked by member numbers, 2015 (table) (continued) Trade associations offering life insurance: provision rates and operating models Trade associations offering life insurance: unweighted and weighted provider share of partnerships Trade associations offering retirement products: provision rates and operating models FINACCORD (06/2015) VI
7 Trade associations offering retirement products: unweighted and weighted provider share of partnerships Trade associations offering financial advice: provision rates and operating models Trade associations offering financial advice: unweighted and weighted provider share of partnerships Top 40 trade unions in the UK ranked by member numbers, 2015 (table) Trade unions offering life insurance: provision rates and operating models Trade unions offering life insurance: unweighted and weighted provider share of partnerships Trade unions offering retirement products: provision rates and operating models Trade unions offering retirement products: unweighted and weighted provider share of partnerships Trade unions offering financial advice: provision rates and operating models Trade unions offering financial advice: unweighted and weighted provider share of partnerships Universities offering life insurance: provision rates and operating models Universities offering life insurance: unweighted and weighted provider share of partnerships Universities offering financial advice: provision rates and operating models Universities offering life insurance: unweighted and weighted provider share of partnerships FINANCIAL PARTNERS Banks offering life insurance: provision rates and operating models Banks offering life insurance: unweighted and weighted provider share of partnerships Banks offering retirement products: provision rates and operating models Banks offering financial advice: provision rates and operating models Banks offering financial advice: unweighted and weighted provider share of partnerships Building societies offering life insurance: provision rates and operating models Building societies offering life insurance: unweighted and weighted provider share of partnerships Building societies offering retirement products: provision rates and operating models Building societies offering retirement products: unweighted and weighted provider share of partnerships 88 Building societies offering financial advice: provision rates and operating models Building societies offering financial advice: unweighted and weighted provider share of partnerships Credit unions offering life insurance: provision rates and operating models Friendly societies offering life insurance: provision rates and operating models Friendly societies offering retirement products: provision rates and operating models Friendly societies offering financial advice: provision rates and operating models Friendly societies offering financial advice: unweighted and weighted provider share of partnerships Insurers (tied / multi-tied intermediaries) offering life insurance: provision rates and operating models Insurers (tied / multi-tied intermediaries) offering life insurance: unweighted and weighted provider share of partnerships Insurers (underwriters) offering life insurance: provision rates and operating models Insurers (underwriters) offering life insurance: unweighted and weighted provider share of partnerships Insurers (underwriters) offering retirement products: provision rates and operating models Insurers (underwriters) offering retirement products: unweighted and weighted provider share of partnerships Insurers (underwriters) offering financial advice: provision rates and operating models Insurers (underwriters) offering financial advice: unweighted and weighted provider share of partnerships Online aggregators and brokers offering life insurance: provision rates and operating models Online aggregators and brokers offering life insurance: unweighted and weighted provider share of partnerships Online aggregators and brokers offering retirement products: provision rates and operating models Online aggregators and brokers offering retirement products: unweighted and weighted provider share of partnerships Online aggregators and brokers offering financial advice: provision rates and operating models Specialised lenders offering life insurance: provision rates and operating models FINACCORD (06/2015) VII
8 5.0 COMMERCIAL PARTNERS Automotive associations offering life insurance: provision rates and operating models Automotive associations offering life insurance: unweighted and weighted provider share of partnerships Automotive associations offering retirement products and financial advice: provision rates and operating models Coalition loyalty schemes and frequent flyer programs offering life insurance: provision rates and operating models Coalition loyalty schemes and frequent flyer programs offering life insurance: unweighted and weighted provider share of partnerships Estate agency and property service firms offering life insurance: provision rates and operating models. 128 Estate agency and property service firms offering life insurance: unweighted and weighted provider share of partnerships Estate agency and property service firms offering retirement products: provision rates and operating models Estate agency and property service firms offering retirement products: unweighted and weighted provider share of partnerships Estate agency and property service firms offering financial advice: provision rates and operating models Estate agency and property service firms offering financial advice: unweighted and weighted provider share of partnerships Internet, media and telecoms entities offering life insurance: provision rates and operating models Internet, media and telecoms entities offering life insurance: unweighted and weighted provider share of partnerships Internet, media and telecoms entities offering retirement products: provision rates and operating models Internet, media and telecoms entities offering retirement products: unweighted and weighted provider share of partnerships Internet, media and telecoms entities offering financial advice: provision rates and operating models Internet, media and telecoms entities offering financial advice: unweighted and weighted provider share of partnerships Retailers offering life insurance: provision rates and operating models Retailers offering life insurance: unweighted and weighted provider share of partnerships FINACCORD (06/2015) VIII
Affinity and Partnership Marketing in UK Commercial Non-Life Insurance
Affinity and Partnership Marketing in UK Commercial Non-Life Insurance Report prospectus July 2015 1 Prospectus contents Page What is the research? What is the rationale? What methodology has been used?
More informationTABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY INTRODUCTION... 3 What is this report about?... 3
TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 1.0 INTRODUCTION... 3 What is this report about?... 3 Distribution partnerships with banks and other lending institutions constitute the focus of this report...
More informationProfessional Indemnity Insurance in Europe
Professional Indemnity Insurance in Europe Report prospectus May 2016 Finaccord, 2016 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research? What is the rationale?
More informationTABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY INTRODUCTION... 3 What is this report about?... 3
TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 1.0 INTRODUCTION... 3 What is this report about?... 3 Distribution partnerships with banks and other lending institutions constitute the focus of this report...
More informationProfessional Indemnity Insurance
Professional Indemnity Insurance Global series prospectus Finaccord, 2016 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research? Which are the publication dates?
More informationHome Emergency Insurance and Assistance in Europe
Home Emergency Insurance and Assistance in Europe Series Prospectus July 2018 Finaccord, 2018 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research? What is
More informationUK Niche Insurance: Market Dynamics, Affinities and Partnerships
UK Niche Insurance: Market Dynamics, Affinities and Partnerships Series Prospectus November 2015 Finaccord, 2015 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page Which titles
More informationTABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY INTRODUCTION... 3 What is this report about?... 3
TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 1.0 INTRODUCTION... 3 What is this report about?... 3 Distribution partnerships with banks and other lending institutions constitute the focus of this report...
More informationTABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY INTRODUCTION... 4 What is this report about?... 4 Rationale... 4
TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 1.0 INTRODUCTION... 4 What is this report about?... 4 Rationale... 4 Several factors underpin the rationale for the production of this study... 4 There are
More informationTABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1
TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 Trade credit insurance in China and the Middle East recorded particularly rapid growth from 2009 to 2013... 2 China and the US host the largest markets for
More informationTABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1
TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 Gross written premiums for GAP insurance in Europe are worth over EUR 1 billion...... 2...as increasing numbers of both dealers and manufacturer brands offer
More informationTABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY INTRODUCTION... 3 What is this report about?... 3
TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 1.0 INTRODUCTION... 3 What is this report about?... 3 Distribution partnerships with banks and other lending institutions constitute the focus of this report...
More informationProfessional Indemnity Insurance
Professional Indemnity Insurance Global series prospectus October 2013 Finaccord Ltd., 2013 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research? Which countries
More informationTABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY INTRODUCTION... 3 What is this report about?... 3
TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 1.0 INTRODUCTION... 3 What is this report about?... 3 Distribution partnerships with banks and other lending institutions constitute the focus of this report...
More informationDistribution Metrics: Perspectives for consumer financial services in the UK
Distribution Metrics: Perspectives for consumer financial services in the UK 29 th April 2008 1 Agenda Page Channel Metrics Affinity and Partnership Marketing Net Metrics Brand Metrics Summary and conclusions
More informationTravel Insurance and Assistance
Travel Insurance and Assistance Worldwide research covering over 40 countries Series Prospectus Finaccord Ltd., 2016 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is
More informationCreditor and Lifestyle Protection Insurance
Creditor and Lifestyle Protection Insurance Worldwide analysis of creditor protection insurance linked to mortgages, point-of-sale automotive finance, other consumer finance and credit cards in 40 countries;
More informationTravel Insurance and Assistance
Travel Insurance and Assistance Worldwide research covering over 40 countries Series Prospectus Finaccord Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research?
More informationTABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1
TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 Gross written premiums across the ten markets amounted to over USD 8 billion in 2014...... 2... within which mortgage-related policies made up three quarters
More informationTABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY INTRODUCTION... 3 What is this report about?... 3
TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 1.0 INTRODUCTION... 3 What is this report about?... 3 The focus of the report is on financial services related to the sale of passenger cars to individuals...
More informationCreditor and Lifestyle Protection Insurance
Creditor and Lifestyle Protection Insurance Worldwide analysis of creditor protection insurance linked to mortgages, point-of-sale automotive finance, other consumer finance and credit cards in 40 countries;
More informationTravel Insurance and Assistance
Travel Insurance and Assistance Worldwide research covering over 40 countries Series Prospectus Finaccord 1 Prospectus contents Page What is the research? Which countries are covered What methodology has
More informationCreditor and Lifestyle Protection Insurance in Europe
Creditor and Lifestyle Protection Insurance in Europe Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Portugal, Romania, Russia, Slovakia, Spain,
More informationPROFESSIONAL INDEMNITY INSURANCE FOR ARCHITECTS AND ENGINEERS: A WORLDWIDE REVIEW TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1
TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 1.0 INTRODUCTION... 4 What is this report about?... 4 The study examines the market for professional indemnity cover for architects and engineers in 20 countries...
More informationTravel Insurance and Assistance in the Asia-Pacific Region
Travel Insurance and Assistance in the Asia-Pacific Region Report Prospectus October 2013 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research? What methodology
More informationTABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY INTRODUCTION... 4 What is this report about?... 4
TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 1.0 INTRODUCTION... 4 What is this report about?... 4 Finaccord s study breaks down individual country markets into 13 professional categories... 4 with a number
More informationTravel Metrics: Consumer Approaches to Travel Insurance and Assistance in Selected Global Markets
Travel Metrics: Consumer Approaches to Travel Insurance and Assistance in Selected Global Markets Series Prospectus November 2017 1 Prospectus contents Page What is the research? What is the research?
More informationEXTENDED WARRANTIES AND INSURANCE FOR MOBILE AND NON-MOBILE CONSUMER PRODUCTS IN SWEDEN TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY...
TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 1.0 INTRODUCTION... 3 What is this report about?... 3 Rationale... 3 Evolving distribution channels both favour and compromise extended warranty provision...
More informationTravel Insurance and Assistance in Northern, Central and Eastern Europe
Travel Insurance and Assistance in Northern, Central and Eastern Europe Report Prospectus July 2012 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research? What
More informationTravel Metrics: Consumer Approaches to Travel Insurance and Assistance in Selected Global Markets
Travel Metrics: Consumer Approaches to Travel Insurance and Assistance in Selected Global Markets Series Prospectus July 2014 1 Prospectus contents Page What is the research? What is the research? (continued)
More informationEXTENDED WARRANTIES AND INSURANCE FOR MOBILE AND NON-MOBILE CONSUMER PRODUCTS IN THE CZECH REPUBLIC TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY...
TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 1.0 INTRODUCTION... 3 What is this report about?... 3 Rationale... 3 Evolving distribution channels both favour and compromise extended warranty provision...
More informationGlobal Medical Malpractice Insurance: A Worldwide Review
Global Medical Malpractice Insurance: A Worldwide Review Report prospectus June 2016 Finaccord Ltd., 2016 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research?
More informationTABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY INTRODUCTION... 4 What is this report about?... 4
TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 1.0 INTRODUCTION... 4 What is this report about?... 4 The series focuses on surety bonds and associated guarantees issued in relation to commercial activities...
More informationCommercial Non-Life Insurance in Major Global Markets: Size, Segmentation and Forecast to 2020
Commercial Non-Life Insurance in Major Global Markets: Size, Segmentation and Forecast to 2020 Series prospectus January / February 2017 Finaccord Ltd., 2017 1 Prospectus contents Page What is the research?
More informationCommercial Non-Life Insurance in Major Global Markets: Size, Segmentation and Forecast
Commercial Non-Life Insurance in Major Global Markets: Size, Segmentation and Forecast Series prospectus March 2018 Finaccord, 2018 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents
More informationPersonal Non-Life Insurance Brokers in the UK
Personal Non-Life Insurance Brokers in the UK Report Prospectus July 2015 Finaccord, 2015 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research? What is the
More informationMobile Gadget Insurance and Extended Warranties in Europe
Mobile Gadget Insurance and Extended Warranties in Europe Report Prospectus October 2014 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research? What methodology
More informationBancassurance: Life, Non-Life and Creditor Insurance
Bancassurance: Life, Non-Life and Creditor Insurance Global Series Prospectus Finaccord, 2016 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research? Which countries
More informationMobile Gadget Insurance and Extended Warranties in Europe
Mobile Gadget Insurance and Extended Warranties in Europe Report Prospectus October 2014 Finaccord, 2014 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research?
More informationTABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1
TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 Gross written premiums across the 20 European markets amounted to over EUR 39 billion in 2016...... 2... within which mortgage-related policies made up about
More informationSurety Bonds in Europe
Surety Bonds in Europe Series prospectus May 2016 Finaccord Ltd., 2016 1 Prospectus contents Page What is the research? What is the rationale? What methodology has been used? What is the report structure?
More informationFleet Insurance and Assistance in Europe
Fleet Insurance and Assistance in Europe Series prospectus for ten country-specific reports BELGIUM, FRANCE, GERMANY, ITALY, NETHERLANDS, POLAND, SPAIN, SWEDEN, SWITZERLAND, UK September 2011 Finaccord
More informationProfessional Indemnity Insurance for Architects and Engineers: A Worldwide Review
Professional Indemnity Insurance for Architects and Engineers: A Worldwide Review Report prospectus August 2016 Finaccord, 2016 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents
More informationExtended Warranties and Insurance for Mobile and Non-Mobile Consumer Products
Extended Warranties and Insurance for Mobile and Non-Mobile Consumer Products Worldwide research across 30 countries covering: Extended warranties and insurance for white goods, brown goods, grey goods,
More informationCommercial Non-Life Insurance Brokers in Europe
Commercial Non-Life Insurance Brokers in Europe Report Prospectus August 2016 Finaccord Ltd., 2016 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research? What
More informationExtended Warranties and Insurance for White Goods in Europe
Extended Warranties and Insurance for White Goods in Europe Report Prospectus October 2014 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research? What methodology
More informationThe agent of the future
The of the future Korea EY survey highlights need for customer-centric innovation and personalized sales support The of the future is emerging as a proactive advisor in a digital world. ii The of the future
More informationSurety Bonds in Europe
Surety Bonds in Europe Series prospectus May 2016 Finaccord, 2016 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research? What is the rationale? What methodology
More informationGlobal Trends in Insurance Distribution: Perspectives across 14 Countries
Global Trends in Insurance Distribution: Perspectives across 14 Countries Report Prospectus September 2018 Finaccord, 2018 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page
More informationConsumer access to mortgages report
01 Contents I Contents 02 II Introduction 03 III Key Findings 04 IV Section one: Consumer outcomes 05 1.1 Mortgage brokers and competition in mortgage lending 06 1.2 Consumer satisfaction with the mortgage
More informationCentral Bank of Ireland Discussion paper on the Payment of Commission to Intermediaries
October 2016 Central Bank of Ireland Discussion paper on the Payment of Commission to Intermediaries Submission in response by AA Ireland. Introduction: The AA is Ireland s motoring organisation. It has
More information2015 Bond Dealers of America Fixed-Income Compensation Survey
www.bdamerica.org 2015 Bond Dealers of America Fixed-Income Compensation Survey Table of Contents Page Transmittal Letter from BDA 2 I. Executive Summary 7 II. Analysis of Results by Section 13 III. Compensation
More informationExtended Warranties and Insurance for Mobile and Non-Mobile Consumer Products in Europe
Extended Warranties and Insurance for Mobile and Non-Mobile Consumer Products in Europe Series prospectus for 20 country-specific reports July 2011 Web: www.finaccord.com. E-mail: info@finaccord.com 1
More informationThe Aldermanbury Declaration
The Aldermanbury Declaration For insurance service organisations: Loss adjusters Claims management firms Outsourcers Consultancies Associations and professional bodies Developed by a Task Force of leading
More informationGlobal Mobile Operators: Strategies in Insurance and Assistance
Global Mobile Operators: Strategies in Insurance and Assistance Report prospectus March 2015 1 Prospectus contents Page What is the research? What is the rationale? What methodology has been used? Which
More informationLloyds TSB Group plc. Results for the half-year to 30 June 2003
Lloyds TSB Group plc Results for the half-year to 30 June 2003 PRESENTATION OF RESULTS In order to provide a clearer representation of the underlying performance of the Group, the results of the Group
More informationUBS FINANCIAL SERVICES CONFERENCE Business Update
UBS FINANCIAL SERVICES CONFERENCE Business Update Radisson Hotel Sydney 20 June 2007 John Nesbitt Chief Financial Officer Perpetual Limited 1 Slide #0: UBS Financial Services Conference Introduction Thanks
More informationAnnual Asset Management Report: Facts and Figures
Annual Asset Management Report: Facts and Figures July 2008 Table of Contents 1 Key Findings... 3 2 Introduction... 4 2.1 The EFAMA Asset Management Report... 4 2.2 The European Asset Management Industry:
More informationLloyds TSB Group plc. Results for the half-year to 30 June 2004
Lloyds TSB Group plc Results for the half-year to 30 June 2004 PRESENTATION OF RESULTS In order to provide a clearer representation of the underlying performance of the Group, the results of the Group
More informationAbout Association of Financial Mutuals and its members. Customers
ASSOCIATION OF FINANCIAL MUTUALS, OCTOBER 2018 About Association of Financial Mutuals and its members The Association of Financial Mutuals (AFM) was established on 1 January 2010. Financial Mutuals are
More informationBuilding Societies and Credit Unions
Building Societies and Credit Unions 2004 Flourishing in a cooler market 28 October 2004 Introduction Building societies and credit unions performed solidly in the year to June 2004. Building societies
More informationTable of Contents. Transmittal Letter from BDA 2. I. Executive Summary 7. II. Analysis of Results by Section 14
www.bdamerica.org Table of Contents Page Transmittal Letter from BDA 2 I. Executive Summary 7 II. Analysis of Results by Section 14 III. Compensation by Position: Salary, Bonus, Commission and Total Compensation
More informationTABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1
TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 In recent years, the total market value has grown at a compound annual average of 4.0%... 2 Non-creditor business makes up more than half the market in seven
More informationGlobal Business and Corporate Travel Insurance and Assistance: A Worldwide Review
Global Business and Corporate Travel Insurance and Assistance: A Worldwide Review Report Prospectus May 2017 Finaccord Ltd., 2017 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents
More informationpibgroup.co.uk About PIB Group A quick overview, July 2018
pibgroup.co.uk About PIB Group A quick overview, July 2018 Introduction PIB Group ( PIB or the Group ) is a UK specialist insurance broker founded in 2015. It is a new and dynamic insurance group created
More informationYour Lloyd s of London specialist insurance broker.
Your Lloyd s of London specialist insurance broker. ABOUT INTREPID Intrepid Insurance Brokers Ltd. is an innovative specialist Insurance Broker located in the heart of the City of London. At Intrepid Insurance
More informationInvestor & Analyst Seminar on the UK General Insurance Business 20 May 2003
Investor & Analyst Seminar on the UK General Insurance Business 20 May 2003 Disclaimer This presentation may contain certain forward-looking statements with respect to certain of Aviva s plans and its
More informationHalf-yearly results for six months ended 30 September November 2015
Half-yearly results for six months ended 30 September 2015 10 November 2015 2015 Experian plc. All rights reserved. Experian and the marks used herein are service marks or registered trademarks of Experian
More informationPromoters: who are loyal, enthusiastic fans; Detractors: who are unhappy; or
People s Choice has performed well in a challenging environment, delivering strong results while laying the foundations to ensure long-term sustainability for our A collective focus on better understanding
More informationIQ Capital CORPORATE PROFILE
IQ Capital C O R P OR A T E P R O F IL E IQ Capital is set apart by our ability to guide businesses on both a strategic and operational level through the experience of our team and advisory board. IQ Capital
More informationWelcome to. Friendly Impartial Respected
Welcome to Friendly Impartial Respected We are expert Financial Planners, specialising in pensions, investments, mortgages, life, health and critical illness insurances. Since 1980, our experience has
More informationHandelsbanken Capital Markets
www.handelsbanken.com/capitalmarkets Handelsbanken Capital Markets Handelsbanken Capital Markets is a full-service investment bank, and at the same time an integrated part of Handelsbanken. The focus and
More informationExtended Warranties and Insurance for Mobile and Non-Mobile Consumer Products
Extended Warranties and Insurance for Mobile and Non-Mobile Consumer Products Worldwide research across over 30 countries covering: Extended warranties and insurance for white goods, brown goods, grey
More informationAggregation Metrics: Consumer Approaches to Online Insurance Comparison Sites in Selected Global Markets
Aggregation Metrics: Consumer Approaches to Online Insurance Comparison Sites in Selected Global Markets Series Prospectus September 2016 Finaccord Ltd., 2016 1 Prospectus contents Page What is the research?
More informationLife Insurance in the United Kingdom, Key Trends and Opportunities to 2017
Life Insurance in the United Kingdom, Key Trends and Opportunities to 2017 Market Intelligence Report Reference code: IS0362MR Published: August 2013 www.timetric.com Timetric John Carpenter House 7 Carmelite
More informationRetail: Competing in the New World J.P. Morgan UK Financials Conference Wednesday, 8 December 2010
Retail: Competing in the New World J.P. Morgan UK Financials Conference Wednesday, 8 December 2010 James Cardew Global Head of Marketing Schroders plc Agenda Schroders Global business Schroders UK intermediary
More informationGroup Finance Director s Review
20 Group Finance Director s Review Andy Parsons Group Finance Director Overview In my first year as group finance director I am pleased to report strong growth in operating profit and a significant strengthening
More informationSuggested Topics Suggested Topics Suggested Speakers Suggested Speakers
Bigger and Better Business Strategic Partnerships Fall 2008 Project Seed The Sigma Economic Empowerment Development Project (Project S.E.E.D.) is a Bigger & Better Business program developed to focus on
More informationAccredited by. Measuring service satisfaction in the individual protection market. November Sponsored by
Accredited by Measuring service satisfaction in the individual protection market Sponsored by About Defaqto We are an independent financial research and software company. We specialise in collecting,
More informationSchemes spotlight 2016 First Edition
SCHEMES SPOTLIGHT 2016 Schemes spotlight 2016 First Edition The UK schemes market insight: An in-depth review of the schemes market Published by The number 1 UK brand for schemes 1 A foreword from UK General
More informationTrisura Group Ltd. Management s Discussion and Analysis For the third quarter ended September 30, 2018
Trisura Group Ltd. Management s Discussion and Analysis For the third quarter ended September 30, 2018 MANAGEMENT S DISCUSSION AND ANALYSIS Our Management s Discussion and Analysis ( MD&A ) is provided
More informationFULL ANALYSIS. Liverpool Victoria General Insurance Group. Major Rating Factors. Rationale
FULL ANALYSIS Liverpool Victoria General Insurance Group Financial Strength Rating Local Currency BBB+/Stable/ Major Rating Factors Primary Credit Analysts: Simon Ashworth London (44) 207176 7243 Simon_Ashworth@
More information6 OPERATIONAL AND STRUCTURAL ISSUES
THE INVESTMENT ASSOCIATION OPERATIONAL AND STRUCTURAL ISSUES KEY FINDINGS REVENUE AND COSTS >> Average industry net revenue grew around 2% in absolute terms. However, it fell as a proportion of total assets
More informationFrequently Asked Questions
Frequently Asked Questions WHAT IS LIFEQUOTE? FREQUENTLY ASKED QUESTIONS Q. WHO ARE LIFEQUOTE? A. LifeQuote has been designed to help advisers protect more clients and grow their protection business. Our
More informationTax-advantaged venture capital schemes streamlining the advance assurance service
Consultation Response Tax-advantaged venture capital schemes streamlining the advance assurance service January 2017 1 Question 1. In what context are you responding to this consultation? 1.1 We are the
More informationMortgage Distribution Channels: Estimates of lending
Mortgage Distribution Channels: Estimates of lending Dean Garratt, Economist, Council of Mortgage Lenders Deregulation and technological advancement have contributed to a multi-channel approach. The competitiveness
More informationRetired Executives: e Untapped Resource for Tackling Tough Business Challenges
A REPORT FROM EXECBRAINTRUST.COM Retired Executives: e Untapped Resource for Tackling Tough Business Challenges Copyright 2012 ExecBrainTrust All rights reserved The Conundrum Around the country, in every
More informationSmall Business Lending Landscape
Small Business Lending Landscape Opportunity Finance Network June 8, 2016 Agenda Small Business Financing Initiative Overview Today s Topic and Presenters Small Business Lending Landscape How can mission-driven
More informationAn overview of the UK protection market. The growing use of technology in protection. What might the future hold
An overview of the UK protection market The growing use of technology in protection What might the future hold Mortgage adviser and trainee broker consultant (1993-2000) LifeSearch Senior Technical Adviser,
More informationTopic 8: Sources of financial advice and the limitations
Topic 8: Sources of financial advice and the limitations After completing this topic, you will be able to: explain the different sources of financial advice, including: friends and family; the different
More information1 SOURCES OF FINANCE
1 SOURCES OF FINANCE 2 3 TRADE CREDIT Trade credit is a form of short-term finance. It has few costs and security is not required. Normally a supplier will allow business customers a period of time after
More informationDisclaimer. Aviva plc
Sustainable growth Richard Harvey Group Chief Executive 6 October 2005 Disclaimer This presentation may contain certain forward-looking statements with respect to certain of Aviva s plans and its current
More informationCOMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL
EUROPEAN COMMISSION Brussels, 21.3.2018 COM(2018) 146 final COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL Time to establish a modern, fair and efficient taxation standard
More information157% Prudential International. Cover for Solvency Capital Requirement (SCR):
Prudential International Prudential International benefits from the financial and investment strength provided by the Prudential Group and provides financial solutions to customers who want to combine
More informationRegulation of Financial Advice 15 October Bill Hannan and Tony Gilhawley
Regulation of Financial Advice 15 October 2008 Bill Hannan and Tony Gilhawley Regulated financial advice 2 Overview Regulated firm firm Consumer Protection Code Code Accredited Individuals Minimum Competency
More informationBank of America/Merrill Lynch Insurance Conference Wednesday, February 24, 2010
Wednesday, Thomas J. Wilson Chairman, President and Chief Executive Officer The Allstate Corporation Safe Harbor This presentation contains forward-looking statements and information. Additional information
More informationLloyds TSB Group plc Results
Lloyds TSB Group plc 2004 Results PRESENTATION OF RESULTS In order to provide a clearer representation of the underlying performance of the Group, the results of the Group s life and pensions and general
More informationInternational. We have the right products in the right markets and the right people and skills to deliver our strategy
44 Market review continued International International Aviva has simplified and strengthened its international focus, bringing together its insurance operations in Canada, Ireland 1, France, Spain, Italy,
More informationFounded Founded in 2009 by Randy Ambrosie, former President of AGF Funds Inc.
Randy Ambrosie President and Chief Executive Officer T: 289-430-7234 E: rambrosie@accretiveadvisor.com Accretive Advisor Corporate Overview August 2011 Martin Sims Managing Director, National Sales T:
More informationIrish Life & Permanent plc. Investor Information. Group Overview
Irish Life & Permanent plc Investor Information 1 September 2007 Group Profile Formed in 1999 from merger of Irish Life plc and Irish Permanent plc Irish Life, the largest life company, and Irish Permanent,
More information