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Threats to retention of SME business according to UK brokers in 2014
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Threats to retention of SME business according to UK brokers in 2014
United Kingdom brokers: What are the biggest threats to brokers' retention of small and medium-sized enterprise (SME) business?
by Statista Research Department,
last edited
Dec 15, 2014
This statistic presents the biggest threats to broker retention of small and medium sized enterprise (SME) business according to insurance brokers in the United Kingdom (UK) as of December 2014. Most respondents, 68 percent, mentioned aggregators and comparative quote engines as the biggest threat to keeping SME customers, while another 49 percent stated direct insurers as the biggest threat.
United Kingdom brokers: What are the biggest threats to brokers' retention of small and medium-sized enterprise (SME) business?
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by Statista Research Department,
last edited
Dec 15, 2014
This statistic presents the biggest threats to broker retention of small and medium sized enterprise (SME) business according to insurance brokers in the United Kingdom (UK) as of December 2014. Most respondents, 68 percent, mentioned aggregators and comparative quote engines as the biggest threat to keeping SME customers, while another 49 percent stated direct insurers as the biggest threat.
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- Release date
- December 2014
- Region
- United Kingdom
- Survey time period
- December 2014
- Special properties
- British insurance brokers.
Source
- Show sources information
- Show publisher information
- Release date
- December 2014
More information
- Region
- United Kingdom
- Survey time period
- December 2014
- Special properties
- British insurance brokers.
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Statistics on "Small and medium enterprises (SME) in the UK"
- Profitability
The most important statistics
- Profitability of small and medium enterprises (SME) in the United Kingdom (UK) from 1st quarter 2016 to 2nd quarter 2018SME profitability: Small & medium enterprises in the UK Q1 2016-Q2 2018
- Median profit made by small and medium enterprises (SME) in the United Kingdom (UK) from 4th quarter 2011 to 4th quarter 2016 (in 1,000 GBP)Average profit of small & medium enterprises (SME) in the UK Q4 2011 to Q4 2016
- Percentage of small and medium enterprises (SME) that made a profit in the United Kingdom (UK) in 2018Profit making small and medium enterprises (SME) in the UK 2018, by sector
- Median profit made by small and medium enterprises (SME) in the United Kingdom (UK) in 2018, by enterprise size (in 1,000 GBP)Average profit of SMEs in the UK 2018, by enterprise size
- Average profit made by small and medium enterprises (SME) in the United Kingdom (UK) from years ending June 2018, by sector (in British pounds GBP)Average profit of small & medium enterprises (SME) 2018, by sector
- Profitability of small and medium enterprises (SMEs) in the United Kingdom (UK) from 2nd quarter 2017 to 2nd quarter 2018, by enterprise sizeProfitability of small & medium enterprises in the UK 2018, by enterprise size
- Profitability of small and medium enterprises (SME) in the health and social work sector in the United Kingdom (UK) in the years ending June 2014 and June 2018Profitability of health sector small & medium enterprises (SME) in the UK 2014-2018
- Profitability of small and medium enterprises (SME) in the real estate sector in the United Kingdom (UK) in the years ending June 2014 and June 2018*Profitability of the UK real estate sector small & medium enterprises (SME) 2014-18
- Turnover
The most important statistics
- Annual turnover of businesses in England in 2018, by employment size (in million GBP)*Total turnover of businesses in England by employment size 2018
- Annual turnover of businesses in Scotland in 2018, by employment size* (in million GBP)Scottish business turnover, by employment size 2018
- Annual turnover of businesses in Wales in 2018, by employment size* (in million GBP)Wales business turnover by employment size 2018
- Annual turnover of businesses in Northern Ireland in 2018, by employment size* (in million GBP)Northern Ireland business turnover by employment size 2018
- Turnover of businesses in the United Kingdom (UK) in 2018, by employment size (in million GBP)United Kingdom (UK) business turnover by employment size 2018
- Turnover of non-profit organizations in the United Kingdom (UK) in 2018, by employment size (in million GBP)Turnover of non-profit UK organizations, by number of employees 2018
- Turnover of companies* in the United Kingdom (UK) in 2018 by employment size (in million GBP)Turnover by number of employees in a company in the United Kingdom (UK) 2018
- Turnover of partnerships in the United Kingdom (UK) in 2018, by employment size (in million pounds)UK partnership turnover by number of employees in 2018
- Growth plans
The most important statistics
- Share of small and medium enterprises (SME) with growth plans for the next12 months in the United Kingdom (UK) as of 2nd quarter 2014 to 2018*, by sectorSmall and medium enterprises (SME) with growth plans in the UK 2014-18, by sector
- Percentage of small and medium enterprises (SME) in the health sector with growth plans for the next 12 months in the United Kingdom (UK) from 4th quarter 2011 to 2nd quarter 2018*Health small and medium enterprise with growth plans in the UK Q1 2011-Q2 2018
- Percentage of small and medium enterprises (SME) in the real estate sector with growth plans for the next 12 months in the United Kingdom (UK) from 4th quarter 2011 to 2nd quarter 2018*UK real estate small and medium enterprise (SME) with growth plans Q1 2011-Q2 2018
- Percentage of small and medium enterprises (SME) in the logistics sector with growth plans for the next 12 months in the United Kingdom (UK) from 4th quarter 2011 to 2nd quarter 2018*Logistics small and medium enterprise with growth plans in the UK Q1 2011-Q2 2018
- Percentage of small and medium enterprises (SME) in the hospitality sector with growth plans for the next 12 months in the United Kingdom (UK) from 4th quarter 2011 to 2nd quarter 2018*UK hospitality small and medium enterprise (SME) with growth plans Q1 2011 to Q2 2018
- Percentage of small and medium enterprises (SME) in the wholesale and retail sector with growth plans for the next 12 months in the United Kingdom (UK) from 4th quarter 2011 to 2nd quarter 2018*UK wholesale & retail small and medium enterprise with growth plans Q1 2011-Q2 2018
- Percentage of small and medium enterprises (SME) in the construction sector with growth plans for the next 12 months in the United Kingdom (UK) from 4th quarter 2011 to 2nd quarter 2018*Construction small and medium enterprise with growth plans in the UK Q1 2011-Q2 2018
- Percentage of small and medium enterprises (SME) in the agricultural sector with growth plans for the next 12 months in the United Kingdom (UK) from 4th quarter 2011 to 2nd quarter 2018*Agricultural small and medium enterprises with growth plans in the UK Q1 2011-Q2 2018
- Obstacles to running the business
The most important statistics
- Small and medium enterprises' (SME) expectations of the extent to which staffing problems will be an obstacle to running the business in the next 12 months in the United Kingdom (UK) as of 2nd quarter 2018, by enterprise size*Staffing problems as an obstacle to UK small and medium enterprises 2018
- Percentage of small and medium enterprises (SME) expecting staff related issues to be a major obstacle to running the business in the next 12 months in the United Kingdom (UK) as of 2nd quarter 2018, by sector*SME: Staff related issues as a major obstacle to running business UK 2018, by sector
- Small and medium enterprises' (SME) expectations of the extent to which the availability of relevant advice will be an obstacle to running the business in the next 12 months in the United Kingdom (UK) as of 2nd quarter 2018, by enterprise size*Availability of advice as an obstacle to small and medium enterprises (SME) 2018
- Percentage of small and medium enterprises (SME) expecting availability of relevant advice to be a major obstacle to running the business in the next 12 months in the United Kingdom (UK) as of 2nd quarter 2018, by sector*SME: access to advice as a major obstacle to running the business, by sector 2018
- Small and medium enterprises' (SME) expectations of the extent to which access to external finance will be an obstacle to running the business in the next 12 months in the United Kingdom (UK) as of 2nd quarter 2018, by enterprise size*Access to external finance as obstacle to UK small and medium enterprises 2018
- Share of small and medium enterprises (SME) expecting access to external finance to be a major obstacle to running the business in the next 12 months in the United Kingdom (UK) as of 2nd quarter 2014 to 2nd quarter 2018, by sector*Access to finance as a major obstacle to SMEs in the UK, by sector 2014-2018
- Small and medium enterprises' (SME) expectations of the extent to which cash flow/issues with late payment will be an obstacle to running the business in the next 12 months in the United Kingdom (UK) as of 2nd quarter 2018, by enterprise size*Cash flow problems as an obstacle to UK small and medium enterprises 2018
- Share of small and medium enterprises (SME) expecting cash flow/issues with late payment to be a major obstacle to running the business in the next 12 months in the United Kingdom (UK) as of 2nd quarter 2014 to 2nd quarter 2018, by sector*SME: Cash flow as a major obstacle to running the business, by sector UK 2014-2018
- Financial risk
The most important statistics
- Percentage of small and medium enterprises (SME) with a financial risk rating of 'minimal' or 'low' in the United Kingdom (UK) from the years ending June 2014 to June 2018, by sector*UK SMEs with 'minimal' or 'low' risk rating 2014-2018, by industry sector
- Percentage of small and medium enterprises (SME) with a financial risk rating of 'worse than average' in the United Kingdom (UK) from the year ending June 2014 to June 2018, by sector*UK small & medium enterprises (SME) with 'worse than average' financial risk rating
- Distribution of small and medium enterprises (SME) in the health sector in the United Kingdom (UK) from the years ending June 2014 to June 2018, by financial risk rating*Health sector: financial risk rating of small & medium enterprises in the UK 2014-18
- Distribution of small and medium enterprises (SME) in the real estate sector in the United Kingdom (UK) in the years ending June 2014 to June 2018, by financial risk rating*Real estate: financial risk rating of small & medium enterprises in the UK 2014-2018
- Distribution of small and medium enterprises (SME) in the logistics sector in the United Kingdom (UK) in the years ending June 2014 to June 2018, by financial risk rating*Logistics: financial risk rating of small & medium enterprises in the UK 2014-2018
- Distribution of small and medium enterprises (SME) in the hospitality sector in the United Kingdom (UK) in the years ending June 2014 to June 2018, by financial risk rating*Hospitality: financial risk rating of small & medium enterprises in the UK 2014-2018
- Distribution of small and medium enterprises (SME) in the wholesale and retail sector in the United Kingdom (UK) from the years ending June 2014 to June 2018, by financial risk rating*Wholesale/retail: financial risk rating of SMEs in the UK 2014-2018
- Distribution of small and medium enterprises (SME) in the construction sector in the United Kingdom (UK) in the years ending June 2014 to second quarter 2018, by financial risk rating*Construction: financial risk rating of small & medium enterprises in the UK 2014-2018
- Marketing
The most important statistics
- Main practices of online tools and platforms by small and medium enterprises in the United Kingdom (UK) as of April 2018UK SME's usage of online tools and platforms 2018
- Proportion of foreign customers to which SME in the United Kingdom (UK) export from October 2016 to February 2017*, by typeUK: SME foreign customers 2016-2017, by type
- Challenges SME in the United Kingdom (UK) face selling to foreign markets as of November 2017*UK: SME challenges related to exports 2017
- International
The most important statistics
- Proportion of SME engaged in international trade in the United Kingdom (UK) from February 2016 to January 2018*UK: SME engaged in international trade 2016-2018
- Proportion of SME revenue coming from international exports in the United Kingdom (UK) from February 2016 to February 2017*, by bandUK: share of SME revenue from in international trade 2016-2017, by band
- Number of foreign countries to which SME in the United Kingdom (UK) export from October 2016 to February 2017*UK: number of countries SME export to 2016-2017
- Proportion of foreign customers to which SME in the United Kingdom (UK) export from October 2016 to February 2017*, by typeUK: SME foreign customers 2016-2017, by type
- Proportion of input sourced directly abroad in the small and medium enterprises (SME) in the United Kingdom (UK) from October 2016 to February 2017*UK: SME input sourced directly abroad 2016-2017
- Confidence indicators
The most important statistics
- Monthly Business Confidence Indicator of SMEs in the United Kingdom (UK) from February 2016 to January 2018UK: Business Confidence Indicator of SMEs 2016-2018
- Monthly Industry Confidence Indicator of SMEs in the United Kingdom (UK) from February 2016 to January 2018UK: Industry Confidence Indicator of SMEs 2016-2018
- Monthly Economy Confidence Indicator of SMEs in the United Kingdom (UK) from February 2016 to January 2018UK: Economy Confidence Indicator of SMEs 2016-2018
- Recruitment
The most important statistics
- Monthly change trends in the number of SMEs employees in the previous six months in the United Kingdom (UK) from February 2016 to January 2018*UK: SMEs employee numbers change previous 6 months 2016-2018
- Monthly change to the number of SME employees in the following six months in the United Kingdom (UK) from February 2016 to January 2018UK: perceived change in SME employment in 6 months 2016-2018
- Monthly SME employment in the United Kingdom (UK) from July 2016 to January 2018*, by bandUK: SMEs employment 2016-2018, by band
- Management gender distribution of small and medium enterprises (SME) in the United Kingdom (UK) from February 2016 to January 2018UK: SMEs management gender 2016-2018
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Statistics
- Biggest insurance challenges for SMEs according to UK brokers 2014
- Biggest emerging risks for SME owners according to UK brokers 2014
- Importance of e-trading to better service SME customers according to UK brokers 2014
- Importance of broker/insurer relations for SME customer service in the UK 2014
- Reliance of insurers on brokers to reach & service SME customers in the UK 2014
- Leading fastest growing SME sectors by insurance expenditure in the UK 2013-2017
- Fastest declining SME business sectors by insurance expenditure in the UK 2013-2017
- Importance of affinity schemes for SME market according to UK brokers 2014
- Factors likely to improve the claims experience in 5 years post 2014 for UK brokers
- Segments where brokers offer most value according to insurance brokers in the UK 2014
- Scheme business in general insurance according to UK brokers 2014
- Ease of getting a full settlement on claims for brokers in the UK in 2014
- Innovation leaders in the SME insurance market according to UK brokers 2014
- Institutions responsible for raising insurance industry standards for UK brokers 2014
- Growth of own scheme business according to UK brokers in 5 years from 2014
- UK brokers: factors helping reduce claims fraud in 12-24 months prior to 2014
- Insurance brokers views: optimism regarding sector growth in UK as of December 2014
- Barriers to achieving growth according to UK insurance brokers as of 2014
- Insurance brokers views: putting customer interests before their own UK 2014
- Frequency of securing an uplift in claims payment for clients of UK brokers in 2014
Studies
- European insurance market
- Insurance market - Nordic countries
- Insurance market in Italy
- Insurance market in Russia
- Non-life insurance in Italy
- Insurance industry - Central and Eastern Europe
- Insurance industry in Singapore
- Non-life insurance market in the UK
- Japanese insurance industry
- The Italian Insurance Market
- Life insurance in Italy
- Insurance industry: GCC
- Motor insurance in the UK
- Cyber insurance
- Insurtech
Statistics on "Small and medium enterprises (SME) in the UK"
- SME profitability: Small & medium enterprises in the UK Q1 2016-Q2 2018
- Average profit of small & medium enterprises (SME) in the UK Q4 2011 to Q4 2016
- Profit making small and medium enterprises (SME) in the UK 2018, by sector
- Average profit of SMEs in the UK 2018, by enterprise size
- Average profit of small & medium enterprises (SME) 2018, by sector
- Profitability of small & medium enterprises in the UK 2018, by enterprise size
- Profitability of health sector small & medium enterprises (SME) in the UK 2014-2018
- Profitability of the UK real estate sector small & medium enterprises (SME) 2014-18
- Profitability of logistics sector small & medium enterprises (SME) in the UK 2014-18
- Profitability of hospitality SMEs in the UK 2014-2018
- Profitability of wholesale/retail sector small & medium enterprise (SME) UK 2014-2018
- Profitability of construction sector SMEs in the UK 2014-2018
- Profitability of UK manufacturing sector small & medium enterprise (SME) in 2014-2018
- Profitability of UK agricultural sector small & medium enterprises (SME) in 2014-2018
- UK: Opinion on state of SMEs 2016-2018
- Total turnover of businesses in England by employment size 2018
- Scottish business turnover, by employment size 2018
- Wales business turnover by employment size 2018
- Northern Ireland business turnover by employment size 2018
- United Kingdom (UK) business turnover by employment size 2018
- Turnover of non-profit UK organizations, by number of employees 2018
- Turnover by number of employees in a company in the United Kingdom (UK) 2018
- UK partnership turnover by number of employees in 2018
- Turnover of sole proprietorships in the UK in 2018, by employment size
- Turnover of agricultural industries in the UK in 2018, by employment size
- Turnover of manufacturing industries in the UK in 2018, by employment size
- Small and medium enterprises (SME) with growth plans in the UK 2014-18, by sector
- Health small and medium enterprise with growth plans in the UK Q1 2011-Q2 2018
- UK real estate small and medium enterprise (SME) with growth plans Q1 2011-Q2 2018
- Logistics small and medium enterprise with growth plans in the UK Q1 2011-Q2 2018
- UK hospitality small and medium enterprise (SME) with growth plans Q1 2011 to Q2 2018
- UK wholesale & retail small and medium enterprise with growth plans Q1 2011-Q2 2018
- Construction small and medium enterprise with growth plans in the UK Q1 2011-Q2 2018
- Agricultural small and medium enterprises with growth plans in the UK Q1 2011-Q2 2018
- UK: SMEs age 2016-2018, by band
- UK: Opinion on state of SMEs in 6 months 2016-2018
- UK: SMEs outlook on the state of their industries in 6 months 2016-2018
- UK: SMEs outlook on the state of the economy industries in 6 months 2016-2018
- Staffing problems as an obstacle to UK small and medium enterprises 2018
- SME: Staff related issues as a major obstacle to running business UK 2018, by sector
- Availability of advice as an obstacle to small and medium enterprises (SME) 2018
- SME: access to advice as a major obstacle to running the business, by sector 2018
- Access to external finance as obstacle to UK small and medium enterprises 2018
- Access to finance as a major obstacle to SMEs in the UK, by sector 2014-2018
- Cash flow problems as an obstacle to UK small and medium enterprises 2018
- SME: Cash flow as a major obstacle to running the business, by sector UK 2014-2018
- Legislation/regulation as an obstacle to UK small and medium enterprises in 2018
- SME: legislation as a major obstacle to running the business, by sector UK 2014-2018
- Current economic climate as an obstacle to UK small and medium enterprises in 2018
- Current economic climate as a major obstacle to the SMEs, by sector UK 2014-2018
- UK: SME current challenges 2016-2018
- UK SMEs with 'minimal' or 'low' risk rating 2014-2018, by industry sector
- UK small & medium enterprises (SME) with 'worse than average' financial risk rating
- Health sector: financial risk rating of small & medium enterprises in the UK 2014-18
- Real estate: financial risk rating of small & medium enterprises in the UK 2014-2018
- Logistics: financial risk rating of small & medium enterprises in the UK 2014-2018
- Hospitality: financial risk rating of small & medium enterprises in the UK 2014-2018
- Wholesale/retail: financial risk rating of SMEs in the UK 2014-2018
- Construction: financial risk rating of small & medium enterprises in the UK 2014-2018
- Manufacturing: financial risk rating of small & medium enterprises in the UK 2014-18
- Agriculture: financial risk rating of small & medium enterprises in the UK 2014-2018
- UK SME's usage of online tools and platforms 2018
- UK: SME foreign customers 2016-2017, by type
- UK: SME challenges related to exports 2017
- UK: SME engaged in international trade 2016-2018
- UK: share of SME revenue from in international trade 2016-2017, by band
- UK: number of countries SME export to 2016-2017
- UK: SME input sourced directly abroad 2016-2017
- UK: Business Confidence Indicator of SMEs 2016-2018
- UK: Industry Confidence Indicator of SMEs 2016-2018
- UK: Economy Confidence Indicator of SMEs 2016-2018
- UK: SMEs employee numbers change previous 6 months 2016-2018
- UK: perceived change in SME employment in 6 months 2016-2018
- UK: SMEs employment 2016-2018, by band
- UK: SMEs management gender 2016-2018
- Biggest insurance challenges for SMEs according to UK brokers 2014
- Biggest emerging risks for SME owners according to UK brokers 2014
- Importance of e-trading to better service SME customers according to UK brokers 2014
- Importance of broker/insurer relations for SME customer service in the UK 2014
- Reliance of insurers on brokers to reach & service SME customers in the UK 2014
- Leading fastest growing SME sectors by insurance expenditure in the UK 2013-2017
- Fastest declining SME business sectors by insurance expenditure in the UK 2013-2017
- Importance of affinity schemes for SME market according to UK brokers 2014
- Factors likely to improve the claims experience in 5 years post 2014 for UK brokers
- Segments where brokers offer most value according to insurance brokers in the UK 2014
- Scheme business in general insurance according to UK brokers 2014
- Ease of getting a full settlement on claims for brokers in the UK in 2014
- Innovation leaders in the SME insurance market according to UK brokers 2014
- Institutions responsible for raising insurance industry standards for UK brokers 2014
- Growth of own scheme business according to UK brokers in 5 years from 2014
- UK brokers: factors helping reduce claims fraud in 12-24 months prior to 2014
- Insurance brokers views: optimism regarding sector growth in UK as of December 2014
- Barriers to achieving growth according to UK insurance brokers as of 2014
- Insurance brokers views: putting customer interests before their own UK 2014
- Frequency of securing an uplift in claims payment for clients of UK brokers in 2014
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