Insurance aggregators' impact on the UK and other markets' distribution models has been much larger than their share of insurance revenues would indicate.
Levelling the playing field: Aggregators have injected simplicity of service and transparency into the range of offerings and product coverage provided by insurers.
Fanning out across the world: Although they have not attained the same share of market as they have in the UK, aggregators in a number of other countries are enjoying rapid growth.
Growing hold on customers: Where aggregators are achieving success they are concentrating on “share of wallet” and extracting more value from the customer relationship.
Pressuring the carriers: Aggregators are using their distribution power to obtain better terms of trade from carriers, whether in the form of new pricing models or other concessions.
New competition rises: Aggregators will continue to grow, but they will face more competition—from retailers, technology vendors, and online giants such as Google—as well as from insurance carriers.
We were unable to find a match for \"$searchstring.\" Try searching again by using different or more general keywords and check for spelling errors.
RECOMMENDED CONTENT
FILTER RESULTS
FILTER RESULTS
Connect with our Talent Community
Personalize your Accenture Career search and receive tailored news, insights and job alerts. Join our Talent Connection to learn more about the challenging and rewarding career opportunities offered by Accenture.
Comment submitted
Submitted comment may not display automatically.