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UK Insurance Profile: Tesco Market Research Report

UK Insurance Profile: Tesco Market Research Report

" UK 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 UK Insurance Profile: Tesco Market Research Report


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 :cuturl('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 @

cuturl('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 cuturl('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

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UK Insurance Profile: Tesco Market Research Report