Latest Intelligence in United Kingdom

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Type Product title / description Pub Price
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Switching incentives now a hygiene factor

Switching bonuses and in-credit interest have become a hygiene factor for consumers. Providers that do not offer at least one of these perks will lose out in the battle for new and existing customers.

Published By Datamonitor
04 Apr 2014
Expert View
Expert View

Escape of water claims flooding commercial property

Commercial property is witnessing an unprecedented increase in escape of water claims, mainly due to damage caused by burst water pipes and the associated costs. Insurers must do more to try and minimize the damage in order to reduce claims costs.

Published By Datamonitor
03 Apr 2014
Expert View
Expert View

3D printing may not reduce supply chain risk

The overall effect of 3D printing on manufacturers' reliance on third parties is still an unknown, and will be determined by individual businesses' supply chains. Business interruption insurers need to be aware of the individual factors to avoid overestimating the impact.

Published By Datamonitor
31 Mar 2014
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Expert View

3D printing to create new risks and opportunities for insurers

The development and use of 3D printing in manufacturing and everyday life will increase the risk businesses face from cyber-crime and intellectual property theft. This will make cyber risk cover ever more critical in the future.

Published By Datamonitor
27 Mar 2014
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Expert View

ISA deposits will boom, for a short while

ISA changes will lead to a large jump in balances in 2014 as savers rush to take advantage of the tax incentive. This will lead to increased competition for these assets among ISA providers.

Published By Datamonitor
26 Mar 2014
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Expert View

Renewable energy insurance set to grow

The UK is projected to almost triple its installed offshore wind capacity between 2012 and 2020, according to a joint publication by Swiss Re and Bloomsberg. With such high growth projections, the need for adequate insurance will continue to grow alongside rising demand.

Published By Datamonitor
25 Mar 2014
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Expert View

Flood defenses remain inadequate

The UK government's 2014 budget has earmarked an increase of £140m to flood defense spending. However, it seems unlikely that this will be enough to keep the number of high-risk properties in check.

Published By Datamonitor
21 Mar 2014
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Expert View

Comparison sites strive to become one-stop shops

Insurance advertising expenditure among the four largest UK comparison sites dipped in 2013, signaling a continued focus on diversified services.

Published By Datamonitor
19 Mar 2014
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Expert View

Nationwide goes 24/7 on Twitter

Nationwide's decision to start operating its Twitter account on a 24/7 basis recognizes the fact that consumers now demand an instant response to their enquiries, regardless of the time of day.

Published By Datamonitor
18 Mar 2014
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Expert View

Paym looks to eliminate P2P cash payments

The UK's forthcoming mobile P2P payment service, Paym, strategically capitalizes on the market's high mobile phone and current account penetration levels, providing banks with a major opportunity to drive the move towards electronic payments.

Published By Datamonitor
17 Mar 2014

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