Insurance Industry Market Research Reports by Researchica

GlobalData’s 'Austria General Insurance: Key Trends and Opportunities to 2023’ report provides in-depth market analysis, information and insights into the the Austrian general insurance segment.This report provides a detailed outlook by product category for the Austrian general insurance segment.


It provides values for key performance indicators such as written premium, loss ratio and general insurance penetration during the review period (2014-2018) and forecast period (2018-2023).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Austrian economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together GlobalData’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Key Highlights


#. Key insights and dynamics of the Austrian general insurance industry.
#. Comparison of Austrian general insurance segments, along with premium trends and key profitability ratios.
#. A comprehensive overview of the Austrian economy, government initiatives, investment opportunities and enterprise structure.
#. Austrian insurance regulatory framework’s evolution, key facts, taxation regime, licensing and capital requirements.
#. Austrian general insurance industry’s market structure giving details of retail and commercial lines of business.
#. Distribution channels deployed by the Austrian general insurers.
#. Details of the competitive landscape, M&A and competitors’ profiles.


Scope:

This report provides a comprehensive analysis of the general insurance segment in Austria -

#. It provides historical values for the Austrian general insurance segment for the report’s 2014-2018 review period, and projected figures for the 2018-2023 forecast period.
#. It offers a detailed analysis of the key categories in the Austrian general insurance segment, and market forecasts to 2023.
#. It analyzes the various distribution channels for general insurance products in Austria.
#. It profiles the top general insurance companies in Austria, and outlines the key regulations affecting them.

Reasons to Buy

#. Make strategic business decisions using in-depth historic and forecast market data related to the Austrian general insurance segment, and each category within it.
#. Understand the demand-side dynamics, key market trends and growth opportunities in the Austrian general insurance segment.
#. Assess the competitive dynamics in the general insurance segment.
#. Identify growth opportunities and market dynamics in key product categories.

Chapter 1 Executive Summary

Chapter 2 Economy Overview

Key Macroeconomic indicators
GlobalData Country Risk Index

Chapter 3 COVID-19 Impact Assessment

Chapter 4 Summary Trend and KPIs

Penetration and Growth
Premiums and Key Lines of Business
Consumer Segments and Profitability

Chapter 5 Regulatory Risk

Evolution
Key Facts
Licensing Requirements

Chapter 6 Key Trends by Lines of Business - Retail and Commercial

Lines of Business
By Consumer Segment
Commercial Line of Business
Retail Line of Business

Chapter 7 Key Lines of Business - Trend and Market Share

Property Insurance
Motor Insurance
Liability Insurance
Financial Lines Insurance
Marine, Aviation and Transit Insurance
Personal Accident Insurance
Health Insurance
Other Insurance

Chapter 8 Competitive Landscape

Chapter 9 Competitor Profiles

Chapter 10 Insurtech

Chapter 11 Appendix

Resource: https://www.researchica.com/reports/austria-general-insurance-key-trends-and-opportunities-to-2023

Insurance Industry Market Research Reports by Researchica

GlobalData’s 'Austria Life Insurance: Key Trends and Opportunities to 2023’ report provides in-depth market analysis, information and insights into the Austrian life insurance segment. This report provides a detailed outlook by product category for the Austrian life insurance segment.


It provides values for key performance indicators such as written premium, claims paid, penetration and investments during the review period (2014-2018) and forecast period (2018-2023).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Austrian economy and demographics, and provides detailed information on the competitive landscape in the country.



The report brings together GlobalData’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Key Highlights

#. Key insights into the dynamics of the Austrian life insurance industry.
#. Comparison of Austrian life insurance segments, along with premium and claim trends.
#. A comprehensive overview of the Austrian economy, government initiatives and investment opportunities.
#. Austrian insurance regulatory framework’s evolution, key facts, taxation regime, licensing and capital requirements.
#. Austrian life insurance industry’s market structure giving details of retail and commercial lines of business.
#. Distribution channels deployed by Austrian life insurers.
#. Details of the competitive landscape, M&A and competitors’ profiles.

Scope:

This report provides a comprehensive analysis of the life insurance segment in Austria -

#. It provides historical values for the Austrian life insurance segment for the report’s 2014-2018 review period, and projected figures for the 2018-2023 forecast period.
#. It offers a detailed analysis of the key categories in the Austrian life insurance segment, and market forecasts to 2023.
#. It analyzes the various distribution channels for life insurance products in Austria.
#. It profiles the top life insurance companies in Austria and outlines the key regulations affecting them.

Reasons to Buy

#. Make strategic business decisions using in-depth historic and forecast market data related to Austrian life insurance segment, and each category within it.
#. Understand the demand-side dynamics, key market trends and growth opportunities in the Austrian life insurance segment.
#. Assess the competitive dynamics in the life insurance segment.
#. Identify growth opportunities and market dynamics in key product categories.

Chapter 1 Executive Summary

Chapter 2 Economy Overview

Chapter 3 Summary Trend and KPIs

Penetration and Growth
Consumer Segment and Retention
Premiums and Claims
Assets and Investments

Chapter 4 Regulatory Risk

Evolution
Key Facts
Licensing Requirements

Chapter 5 Key Trends by Lines of Business - Consumer Segment

Retail Life Insurance
Commercial Life Insurance

Chapter 6 Key Trends by Lines of Business - KPIs, Market Share and Concentration

Life Insurance
Pension

Chapter 7 Competitive Landscape

Market Share and Concentration

Chapter 8 Competitor Profiles

Chapter 9 Insurtech

Chapter 10 Appendix

Resource: https://www.researchica.com/reports/austria-life-insurance-key-trends-and-opportunities-to-2023

Insurance Industry Market Research Reports by Researchica
Consumers are increasingly purchasing insurance via the direct channel. The channel held a 48.1% share of the personal lines distribution market in 2018, up four percentage points a year prior. The direct channel has become particularly prevalent in private motor insurance, which is the largest personal line by gross written premiums. The shares of the broker, affinity, and bank channels saw declines. Customers show a preference for online channels when buying insurance. Customer engagement remains challenging, with a significant proportion of costumers indicating they switch at renewal.

This report explores customer purchasing behavior and how consumer preferences are changing over time. It uncovers the differences, expected market share, key insurance brands, and footprint by product that each key distribution channel accounts for. The report also provides a forecast on how the personal lines distribution split will evolve over the next few years and looks into the key trends and new propositions that may drive this.

Scope:

#. The direct channel has grown over the recent years to account for almost half of the distribution of personal lines. This has been at the expense of the bank and affinity channels, which have seen a gradual fall in their market shares.
#. Aviva stands out as a personal lines provider, ranking in the top three in all lines examined - motor, home, pet, and travel insurance. However, Petplan has the largest share of respondents in any one product line, with roughly a fifth of the pet insurance market.
#. Compare the Market attracts the largest number of sales through price comparison sites, enjoying a healthy lead in all four lines in terms of use by survey respondents. Admiral is often chosen as the insurer of choice by customers using price comparison sites.


Reasons to Buy

#. Understand how consumers purchase motor, home, travel, and pet insurance across all channels - direct, broker, bank, affinity, and price comparison sites - and how this is likely to change in the near future.
#. Discover how each of the channels have grown over the recent years and which are the most selected providers by product line.
#. Improve the customer journey and brand loyalty by understanding what influences purchasing decisions and how to meet customer needs.
#. Explore the level of customer satisfaction in each of the channels by getting to know the switching behavior at renewal.
#. Have a view on which insurance providers have the largest spend in advertising and understand which advertising product attracts the largest spend.
#. Get to know about the key emerging players, as well as how existing brands are reinventing their value propositions.
Table of Contents

Direct Channel
Broker Channel
Bank Channel
Affinity Channel
Price Comparison Site Channel
Marketing
Future Market
Appendix

Resource: https://www.researchica.com/reports/uk-personal-lines-insurance-distribution-and-marketing-2019

Insurance Industry Market Research Reports by Researchica
American International Group (AIG) is a multi-line insurance group. It provides a range of general insurance, life insurance, and property and casualty insurance solutions; retirement products; and other financial services to individuals and businesses. It offers insurance products for general liability, property, workers’ compensation, commercial lines, marine, aerospace, term life, universal life, and cyber risk. The company also offers accident and health insurance, personal auto insurance, travel insurance, and individual and group retirement products. AIG operates in the Americas, Europe, Africa, the Middle East, and Asia Pacific.


This report provides insights into AIG's digital transformation strategies, accelerator programs, and innovation centers. It also gives an overview of its technology initiatives, covering partnerships and product launches, as well as insights on each technology initiative including technology theme, objective, and benefits. In addition, the report includes details of the company's estimated ICT budget.



Scope:

#. AIG's cloud strategy has helped it establish a scalable IT infrastructure. In 2017, AIG moved from on-premise systems to the SAP HANA business platform on Amazon Web Services.
#. The key technology themes under focus for AIG include AI, big data, blockchain, cybersecurity, the Internet of Things, machine learning, smart contracts, and virtual and augmented reality.
#. AIG leverages cybersecurity-focused insurance solutions to effectively evaluate insurance premiums for clients and minimize costs related to cybersecurity claims settlement.

Reasons to Buy

#. Learn about AIG's fintech operations, including investments, product launches, partnerships, and acquisitions.
#. Gain insight into its fintech strategies and innovation initiatives.
#. Discover which technology themes are under the group's focus.

Table of Contents

Overview
Digital Transformation Strategy
Accelerator Programs & Innovation Centers
Technology Focus
Technology Initiatives
Investments
Acquisitions
Partnership, Investment, & Acquisition Network Map
Estimated ICT Budget for 2020
Key Executives
Disclaimer

Resource: https://www.researchica.com/reports/aig-enterprise-tech-ecosystem-series

Insurance Industry Market Research Reports by Researchica

As digitization continues to shape customers’ attitudes and purchasing behaviors, insurers are being forced to rethink their distribution models and put a greater focus on the direct channel. For both non-life and life products, price and reputation are at the heart of the customer decision-making process. Established players have the largest market shares for direct sales, but new entrants have focused their efforts on the direct channel and have excelled at removing friction from the customer journey. This is helping them differentiate their brands. Most insurers continue to hold strong ties with intermediaries, but the prospect of improved margins will incentivize them to continue investing in the direct channel.


This report explores how the insurance industry has evolved from selling products almost solely via brokers and other intermediaries to more direct methods as consumers become increasingly connected. It highlights which business lines have been most commoditized, rendering them more suitable for direct and unadvised sales. It explores how insurers are changing their communication strategies in a bid to improve customer engagement and retention. The report also reveals which mediums and technologies have the potential to generate further opportunities to engage with customers and improve brand awareness.



Scope:

#. The direct channel is experiencing the fastest growth with both non-life and life products, although it is still more prominent for the former.
#. Direct sales are also better established within personal lines than commercial products, as consumers’ willingness to pay for financial advice dissipates and online media facilitates direct interaction.
#. As the direct channel grows, insurers are putting a greater focus on the user experience and overall customer journey. Insurers are increasingly present across different media, including social media and messaging apps.
Reasons to Buy

#. Examine the size of the direct channel across selected key countries.
#. Understand the key factors contributing to the rapid growth of the direct channel.
#. Learn what insurance companies are doing to successfully communicate and engage with customers
#. Improve the customer journey and brand loyalty by understanding what matters to consumers.
#. Discover which are the most selected providers in the direct channel by non-life and life product lines (UK only)

Table of Contents

Players
Thematic briefing
What’s the difference between the direct and indirect channels?
Enablers of the direct channel
What’s driving the direct channel?
Trends
Technology trends
Industry trends
Macroeconomic trends
Regulatory trends
Industry analysis
Competitive analysis
Timeline
Value chain
Product development
Marketing and distribution
Underwriting and risk profiling
Claims management
Customer service
Companies section
Public companies
Private companies
Glossary
Further reading
Appendix: Our thematic research methodology

Resource: https://www.researchica.com/reports/direct-to-customer-in-insurance---thematic-research

Insurance Industry Market Research Reports by Researchica

As digitization continues to shape customers’ attitudes and purchasing behaviors, insurers are being forced to rethink their distribution models and put a greater focus on the direct channel. For both non-life and life products, price and reputation are at the heart of the customer decision-making process. Established players have the largest market shares for direct sales, but new entrants have focused their efforts on the direct channel and have excelled at removing friction from the customer journey. This is helping them differentiate their brands. Most insurers continue to hold strong ties with intermediaries, but the prospect of improved margins will incentivize them to continue investing in the direct channel.

This report explores how the insurance industry has evolved from selling products almost solely via brokers and other intermediaries to more direct methods as consumers become increasingly connected. It highlights which business lines have been most commoditized, rendering them more suitable for direct and unadvised sales. It explores how insurers are changing their communication strategies in a bid to improve customer engagement and retention. The report also reveals which mediums and technologies have the potential to generate further opportunities to engage with customers and improve brand awareness.

Scope:

#. The direct channel is experiencing the fastest growth with both non-life and life products, although it is still more prominent for the former.
#. Direct sales are also better established within personal lines than commercial products, as consumers’ willingness to pay for financial advice dissipates and online media facilitates direct interaction.
#. As the direct channel grows, insurers are putting a greater focus on the user experience and overall customer journey. Insurers are increasingly present across different media, including social media and messaging apps.

Reasons to Buy

#. Examine the size of the direct channel across selected key countries.
#. Understand the key factors contributing to the rapid growth of the direct channel.
#. Learn what insurance companies are doing to successfully communicate and engage with customers
#. Improve the customer journey and brand loyalty by understanding what matters to consumers.
#. Discover which are the most selected providers in the direct channel by non-life and life product lines (UK only).

Table of Contents

Players
Thematic briefing
What’s the difference between the direct and indirect channels?
Enablers of the direct channel
What’s driving the direct channel?
Trends
Technology trends
Industry trends
Macroeconomic trends
Regulatory trends
Industry analysis
Competitive analysis
Timeline
Value chain
Product development
Marketing and distribution
Underwriting and risk profiling
Claims management
Customer service
Companies section
Public companies
Private companies
Glossary
Further reading
Appendix: Our thematic research methodology

Resource: https://www.researchica.com/reports/direct-to-customer-in-insurance---thematic-research

Insurance Industry Market Research Reports by Researchica

This report provides an in-depth analysis of the demographic trends that will shape the insurance industry over the next 30 years. It looks at various different demographic trends, insurance product penetration rates among different demographics, and highlights players in the industry that are addressing these trends.






Changes in demographics will fundamentally shift the types of consumers that insurers need to target, as well as the types of products they need to provide. An aging population will put increased strain on state pensions and social services like public healthcare. A declining middle class due to median incomes not increasing as fast as other core goods and services means young people are buying a house, getting married, and starting families at later points in life. And a larger proportion of the population living in urban areas leads to increased health risk due to pollution, poor hygiene, and other urban lifestyle factors. These three factors will help shape the insurance industry going forward.






Scope:

#. Renters are much less likely to hold some form of home insurance compared to mortgagors.
#. Private healthcare will become more popular as an aging population stretches public resources.
#. Stagnant middle-class incomes will reduce uptake of insurance policies.

Reasons to Buy

#. Identify changes to customer profiles over the next 30 years.
#. Be prepared for changing consumer needs when purchasing insurance.
#. Plan for the future to stay ahead of the competition.






Table of Contents

PLAYERS
TRENDS
Macroeconomic trends
Technology trends
Regulatory trends
INDUSTRY ANALYSIS
The three demographic trends that will shape the insurance industry
The global population is aging
The middle class is disappearing
The world is becoming more urbanized
Timeline
VALUE CHAIN
COMPANIES
Public companies
Private companies
GLOSSARY
FURTHER READING
APPENDIX: OUR THEMATIC RESEARCH METHODOLOGY

Resource: https://www.researchica.com/reports/demographic-trends-in-insurance---thematic-research

Insurance Industry Market Research Reports by Researchica

Canadian Imperial Bank of Commerce (CIBC) is a provider of personal, small business, and commercial and corporate banking solutions. Under personal banking it offers accounts, overdrafts, credit cards, loans, mortgages, investments, retirement planning, travel and creditor insurance, advisory, and other supporting solutions. Under small business banking it provides cash management, merchant services, accounts, credit, specialty services, corresponding banking, trade finance, and foreign exchange.






The commercial and corporate banking segment provides business solutions, global investment banking and management, and custody services. It serves individuals, SMEs, corporates, HNW and UHNW individuals, and wealthy families. It has operations in Europe, Asia Pacific, North America, and the Caribbean.

This report provides insights into CIBC's digital transformation strategies and innovation programs. It also gives an overview of its technology initiatives, covering partnerships and product launches, as well as insights on each technology initiative including technology theme, objective, and benefits. In addition, the report includes details of the company's estimated ICT budgets and major ICT contracts.






Scope:

#. CIBC is strengthening its focus on the use of innovative technologies to enhance its digital banking capabilities. Cloud, AI, blockchain, cybersecurity, big data, and robotic process automation are among the technologies the company is focusing on.
#. To explore the potential use cases of blockchain, CIBC has partnered with several financial institutions to establish R3, a distributed ledger technology platform. CIBC also co-launched DataVault Innovations, which offers analytical data for the fixed-income and derivatives market.
#. In 2016, CIBC launched CIBC Innovation Banking, CIBC Data Studio, and CIBC Live Labs, which act as innovation hubs for financial institutions, technology startups, and entrepreneurs to explore emerging technologies and build digital solutions.






Reasons to Buy

#. Learn about CIBC's fintech operations, including investments, product launches, partnerships, and acquisitions.
#. Gain insight into its fintech strategies and innovation initiatives.
#. Discover which technology themes are under the group's focus.

Table of Contents

Overview
Digital Transformation Strategy
Accelerators & In-House Labs
Technology Focus
Technology Initiatives
Investments
Partnership & Investment Network Map
ICT Budgets and Contracts
Key Executives
Disclaimer

Source: https://www.researchica.com/reports/canadian-imperial-bank-of-commerce-enterprise-tech-ecosystem-series