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Date Created: 12/21/15
Insight Report: The Rise of Online Aggregators Published: Jun 2014 Order this report by calling +1 888 391 5441 or Send an email Single User PDF: US$ 3800 to firstname.lastname@example.org Corporate User PDF: US$ 7600 with your contact details and questions if any. 1 Insight Report: The Rise of Online Aggregators Synopsis The report covers in-depth analysis of online aggregators market, and provides: Insights into the evolution and growth of online aggregators Detailed analysis of various factors driving the growth of online aggregators around the world, and different challenges faced by them Comprehensive analysis of the impacts that online aggregators have on the insurance industry, and various challenges posed by them to insurers and brokers Insights into online aggregators markets and trends in developed, developing and nascent aggregators' markets Analysis of key strategies that should be adopted by online aggregators, and insurers and brokers 2 Insight Report: The Rise of Online Aggregators Summary The emergence of online aggregators has revolutionized the distribution of insurance products and services. Distribution in the insurance industry has become increasingly diverse, with online aggregators, direct online sales, agencies, brokers, auction sites and mobile-based distribution. Online aggregators have enabled consumers to access multiple quotes from different insurance service providers, and their presence is spreading across the world, bringing fundamental changes to the insurance industry. This trend is likely to continue until 2020. Online aggregators have become a growing phenomenon in the global insurance industry. Online aggregators first emerged as a marketing channel for insurance products and services in the UK insurance industry in 2002 with the launch of confused.com. After just a decade, online aggregators now account for 60% of new motor insurance policies and 50% of personal insurance lines. The growth trend 3 Insight Report: The Rise of Online Aggregators Key highlights In the UK insurance industry, online aggregators achieved rapid growth and after a decade they now account for 60% of new motor insurance policies and 50% of personal insurance lines. However, the growth leveled out in 2013, and some aggregators even recorded falling sales from 2012 levels. The emergence of online aggregators has strengthened the distribution of personal lines of insurance; however, it has increased price-based competition and emerged as one of the largest risks to insurers and brokers. The dominance of online aggregators in the distribution of motor insurance in the UK has led to reduction in premium rates by 15% between October 2012 and September 2013. Get a detailed report at http://marketreportsstore.com/insight-report-the- rise-of-online-aggregators/# . 4 Insight Report: The Rise of Online Aggregators Reasons to buy Gain insights into online aggregators markets across the world Understand the growth potential of online aggregators and key growth strategies they should adopt Understand various factors driving the growth of online aggregators and key challenges faced by them Understand the reasons behind the dominance of online aggregators in the distribution of personal lines of insurance Know various competitive strategies insurers and brokers should adopt to succeed in an aggregator-dominated market Buy the copy of this report @ http://marketreportsstore.com/purchase?rname=15262 . 5 Insight Report: The Rise of Online Aggregators About Us MarketReportsStore.com is an online market research reports library of 250,000+ in- depth studies of over 5000 micro markets. Our database includes reports by leading publishers from across the globe. We provide 24/7 online and offline support service to our customers. RnR Market Research also offers company data, country profiles, trends, information and analysis on the sector of your interest. Visit Us @ http://marketreportsstore.com Follow Us: Call Now + 1 888 391 5441 | Email at email@example.com 6
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