It is estimated that in the United Kingdom (UK), premiums written (B2C) in the life, annuities and payment protection industry will have fallen by approximately 2.5 billion British pounds between 2018 and 2024.
Although still decreasing, the share of premiums written online has been forecast to grow slightly during this period by one percent. To learn more about the future of the B2C digital insurance industry in the UK, read our in-depth report.
Estimated share of life, annuities and payment protection insurance premiums written online and offline in the United Kingdom (UK) from 2018 to 2024*
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Statista. (October 16, 2019). Estimated share of life, annuities and payment protection insurance premiums written online and offline in the United Kingdom (UK) from 2018 to 2024* [Graph]. In Statista. Retrieved December 05, 2024, from https://www.statista.com/statistics/1060488/share-of-online-insurance-premiums-written-to-the-total-market-in-the-united-kingdom/
Statista. "Estimated share of life, annuities and payment protection insurance premiums written online and offline in the United Kingdom (UK) from 2018 to 2024*." Chart. October 16, 2019. Statista. Accessed December 05, 2024. https://www.statista.com/statistics/1060488/share-of-online-insurance-premiums-written-to-the-total-market-in-the-united-kingdom/
Statista. (2019). Estimated share of life, annuities and payment protection insurance premiums written online and offline in the United Kingdom (UK) from 2018 to 2024*. Statista. Statista Inc.. Accessed: December 05, 2024. https://www.statista.com/statistics/1060488/share-of-online-insurance-premiums-written-to-the-total-market-in-the-united-kingdom/
Statista. "Estimated Share of Life, Annuities and Payment Protection Insurance Premiums Written Online and Offline in The United Kingdom (Uk) from 2018 to 2024*." Statista, Statista Inc., 16 Oct 2019, https://www.statista.com/statistics/1060488/share-of-online-insurance-premiums-written-to-the-total-market-in-the-united-kingdom/
Statista, Estimated share of life, annuities and payment protection insurance premiums written online and offline in the United Kingdom (UK) from 2018 to 2024* Statista, https://www.statista.com/statistics/1060488/share-of-online-insurance-premiums-written-to-the-total-market-in-the-united-kingdom/ (last visited December 05, 2024)
Estimated share of life, annuities and payment protection insurance premiums written online and offline in the United Kingdom (UK) from 2018 to 2024* [Graph], Statista, October 16, 2019. [Online]. Available: https://www.statista.com/statistics/1060488/share-of-online-insurance-premiums-written-to-the-total-market-in-the-united-kingdom/