1. Market Research
  2. > Financial Services
  3. > Insurance
  4. > Property Insurance Market Trends
  5. > UK Non-Standard and Listed Property Insurance: Market Dynamics, Affinities and Partnerships

UK Non-Standard and Listed Property Insurance: Market Dynamics, Affinities and Partnerships is a report investigating the market for non-standard and listed property insurance in the UK. Key features include: an outline of market drivers and the value, growth and segmentation of the market from 2010 to 2014; quantification and commentary concerning the segmentation of policies in force by distribution channels used to buy them in 2014; estimates for underwriter market shares in 2014; a comprehensive listing of major affinity and partnership marketing relationships visible at the time of the research in 2015 for these types of policy; and forecasts for the value of the market up to 2018.

In this report, ‘non-standard’ properties are defined as comprising dwellings built using materials other than brick or stone for the walls, and tiles or slate for the roof. The main categories of these are buildings with timber frames, pre-fabricated buildings and thatched properties, while other types of non-standard construction include buildings with steel frames, made from natural materials (e.g. cob or wattle and daub), with alternative cladding, or with flat or green roofs. Meanwhile, listed buildings are ones that have been placed on the Statutory List of Buildings of Special Architectural or Historic Interest maintained by English Heritage. This report only covers grade II (or B and C in Scotland) listed buildings.

In keeping with 19 other studies in this series, research processes and sources used to create it include the following: primary interviews with leading brokers, underwriters and affinity / corporate partners active in this field; in-house data drawn from other Finaccord reports; and comprehensive analysis of secondary information from a diverse range of data sources including UK government departments and financial regulators, relevant lifestyle organisations and trade associations, specialist publications and published disclosures by competitors active in the market.

Table Of Contents

UK Non-Standard and Listed Property Insurance: Market Dynamics, Affinities and Partnerships
TABLE OF CONTENTS
00 EXECUTIVE SUMMARY 1
10 INTRODUCTION 3
What is the report and the rationale for it? 3
Methodology 3
Definitions 3
Non-standard property insurance 3
Listed property insurance 4
Operating models 4
Partner table syntax 5
Finaccord 5
UK affinity and partnership marketing publications 5
UK market research publications 6
UK consumer research publications 6
20 MARKET ANALYSIS 8
Market drivers 8
The number of non-standard and listed properties has been increasing at a rate of around 1% per year 8
Within this market, timber-framed properties are both most numerous and growing most quickly 8
Market size and growth 10
The value of the market for non-standard and listed property insurance now exceeds GBP 1 billion… 10
… in spite of the fact that average policy prices have remained fairly flat in recent years 10
Distribution channels 12
Brokers constitute the principal distribution channel for non-standard and listed property insurance… 12
… with several involved in the field by default as a result of their focus on higher net worth customers 12
Several intermediaries act as tied or multi-tied agents in this sector (rather than as bona fide brokers)… 12
… and there are also a number of underwriting agencies with distinctive expertise in this arena 13
Aggregators have adopted a variety of different approaches to winning business in this market 13
Affinities and partnerships 14
There are relatively few affinity or corporate partnerships specifically for this type of insurance… 14
… although over 350 for mainstream household cover, some of which may also extend to this sphere 14
Market shares 17
The multi-faceted nature of the market makes it a fragmented one from the underwriting standpoint 17
Market forecast 18
The market will carry on growing in line with a continuing steady rise in the number of qualifying properties 18

LIST OF GRAPHICS / TABLES

00 EXECUTIVE SUMMARY 1
Key market data for UK non-standard and listed property insurance, 2010 to 2014 2
10 INTRODUCTION 3
20 MARKET ANALYSIS 8
Number of non-standard and listed properties in the UK segmented by type of property, 2010 to 2014 9
Number of non-standard and listed properties in the UK segmented by type of property, 2010 to 2014 (table) 9
Gross written premiums for non-standard and listed property in the UK, segmented by type of property, 2010 to 2014 11
Gross written premiums for non-standard and listed property in the UK, segmented by type of property, 2010 to 2014 (table) 11
Segmentation of distribution channels used for non-standard and listed property insurance in the UK, 2014 13
Affinity and partnership marketing relationships for non-standard and listed property insurance in the UK, 2015 15
Affinity and partnership marketing relationships for non-standard and listed property insurance in the UK, 2015 (continued) 16
Estimated market shares of underwriters of non-standard and listed property insurance in the UK, 2014 17
Estimated market shares of underwriters of non-standard and listed property insurance in the UK, 2014 (table) 18
Gross written premiums for non-standard and listed property insurance in the UK, segmented by type of property, 2018 (forecast) 19
Gross written premiums for non-standard and listed property insurance in the UK, segmented by type of property, 2018 (forecast) (table) 19

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
UK Household Insurance: Market Dynamics and Opportunities

UK Household Insurance: Market Dynamics and Opportunities

  • $ 3450
  • Industry report
  • September 2016
  • by Verdict Financial

Summary Soft market conditions endure in a UK household insurance market with high levels of competition and capacity, and a continuing shift in customer buying habits. Despite this, the market continues ...

Global Property Insurance Market in the Oil and Gas Sector 2016-2020

Global Property Insurance Market in the Oil and Gas Sector 2016-2020

  • $ 2500
  • Industry report
  • September 2016
  • by Infiniti Research Limited

About Global Property Insurance in the Oil and Gas Market The global property insurance in the oil and gas market is reliant upon the state of the global oil and gas market. It also depends on the broade ...

Global Catastrophe Insurance Market 2016-2020

Global Catastrophe Insurance Market 2016-2020

  • $ 2500
  • Industry report
  • September 2016
  • by Infiniti Research Limited

About Catastrophe Insurance Catastrophe insurance helps in protecting residences and businesses against natural disasters like hurricanes, floods, earthquakes, and against man-made disasters such as terrorist ...

Home Insurance Uk Industry Report

December 2016 $ 449

ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.