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UK Insurance Profile: Tesco Market Research Report

UK Insurance Profile: Tesco Market Research Report
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Insurance Profile: Tesco " is the latest addition to MarketResearchReports.Biz industry research reports collection. Tesco is a retailing giant and the UKs largest supermarket brand. Having spread its wings into the financial services industry since the 1990s, Tesco Bank is now a well-established name for personal lines insurance customers, able to play off brand recognition, cross- selling capabilities, and a strong understanding of its customers thanks to its Tesco Clubcard initiative. However, Tesco is facing challenging times in its core retail business, which is feeding into a number of threats to its insurance business. On the other hand, a strong brand footprint in some of the personal lines insurance markets - and an above- average series of net promoter scores for these - suggests there are future opportunities. Key Findings Tesco Bank is, by comparative brand position, strongest in the pet insurance space. However, it faces continued market share loss to the dominant player Petplan, which continues to grow its footprint. In 2014, Tesco Underwriting premiums accounted for 35% of Ageas car insurance GWP and 16% of its home insurance GWP. Tesco Underwritings book is dominated by unhealthy car insurance business, leaving it behind the top personal lines players on COR performance. To improve, it must build on its loss leader with a growing home insurance book. View Report at :http://www.marketresearchreports.biz/analysis/556293 Synopsis Tesco is a retailing giant in the UK and, through Tesco Bank, offers its customers access to financial services including insurance. Within the context of Tesco's brand power, and a view of Tesco Bank and Tesco Underwriting, this profile looks at the strengths, weaknesses, opportunities, and threats found in its insurance business. Download Sample copy of this Report @ http://www.marketresearchreports.biz/sample/sample/556293 Reasons To Buy Gather insight into what type of customer Tesco's brand is most attractive to, and where it is performing strongest by product and purchasing method. Identify the comparative strengths and weaknesses of Tesco's insurance business and the opportunities or threats emerging as a result. Read our latest Press Release at http://www.marketresearchreports.biz/pressreleases Table of Content : EXECUTIVE SUMMARY Global wealth management is in a state of flux Key findings Critical success factors ASSET ALLOCATION TRENDS Equities will be the clear winners in 2016, but not everywhere - and risks remain Equities will continue to dominate in the typical HNW portfolio The mainstreaming of alternatives will continue in 2016 Wealth managers should be aware of the various reasons driving demand for alternatives About us MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries. Contact us: Mr. Nachiket 90 Sate Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA: Canada Toll Free: 866-997-4948 Website: http://www.marketresearchreports.biz/ E : sales@marketresearchreports.biz


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