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UK Motorcycle Insurance 2012 RnR
By: Nilesh   |    March 2, 2012   |   0 Comments (0) (0)

The number of newly registered motorcycles dipped in 2011 by 2.2%; from 100,100 to 97,900. This continued the decline in new motorcycles year-on-year since 2008, illustrated by the CAGR for 2007–11f of -9.6%. This is perhaps not a surprising trend as consumer spending power has been squeezed. Groupama was the third largest insurer by GWP in 2010, with an 11.8% share of the market. GWP increased by 1.6% from £19.5m to £19.8m as market share expanded by 0.9%. The Group's announcement in January 2012 that its UK private insurance arm is to be sold, including Carole Nash, has stirred uncertainty over the future shape of the market.
 
Scooters accounted for 34.4% of motorcycles registered for the first time in 2011; up by 4.3 percentage points on 2010. This is due to the economy and convenience they offer via insurance premiums, road taxes and fuel savings as well as parking and traffic considerations.
 
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UK MOTORCYCLE INSURANCE MARKET

 
 
Scooters accounted for 34.4% of motorcycles registered for the first time in 2011; up by 4.3 percentage points on 2010. This is due to the economy and convenience they offer via insurance premiums, road taxes and fuel savings as well as parking and traffic considerations.

Your key questions answered
·         How has the motorcycle insurance market changed in the last year and how is it forecast to perform in the next five years?
·         What are the latest trends in the profile of the motorcycle parc and how is this likely to affect the insurance market?
·         Who are the leading motorcycle insurance providers and how have they performed in the last year?
 
 Major points covered in Table of Contents of this report include:
·         Executive Summary
·         Introduction
·         Market Coverage
·         MARKET CONTEXT
·         MARKETING AND DISTRIBUTION
·         COMPETITIVE DYNAMICS
·         FUTURE DECODED

 
Report Details :
Published:  February 2012
No.of Pages: 
Price:    Single User License – US $ 2795
                Corporate User License- US $ 6988
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