Research and Markets Adds Report: Bancassurance in the UK: Life, Non- Life and Creditor Insurance [Professional Services Close – Up]

Research and Markets has announced the addition of the "Bancassurance in the UK: Life, Non-Life and Creditor Insurance" report.

In a release, Research and Markets noted that report highlights include:

Finaccord's report titled Bancassurance in the UK: Life, Non- Life and Creditor Insurance is about the distribution of insurance products through banks and other lending institutions in the UK.

Types of insurance considered are:

-investment-related life insurance and retirement savings;

-risk life insurance, critical illness insurance and income protection insurance;

-accident insurance, medical expenses insurance and health / hospital cash plans;

-personal motor insurance and household insurance;

-creditor insurance for mortgages, consumer finance and credit cards.

Based on a survey of 176 organizations, it identifies 451 bancassurance distribution initiatives across these types of insurance, and highlights the operating models and product providers used in the vast majority of cases. Moreover, it analyses these bancassurance agreements in terms of weighted partnerships' which take into account the size of the retail customer base of the banking institutions distributing these policies, thereby differentiating between the most important relationships and those that are comparatively minor.

In addition, with the exception of creditor insurance, for which historic, current and forecast market size data is provided for 2007, and 2015, the report also sizes the market for the various types of insurance investigated in terms of gross written premiums between 2006 and 2010, provides a general introduction to the banking sector, comments upon the general influence of the bank distribution channel for these types of insurance, and presents available data for key bancassurance underwriters, including captives, joint ventures and other dedicated bancassurance underwriters.

Report information:

http://www.researchandmarkets.com/research/d8895a/ bancassurance_in_t

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