More than Half of Insurers Consider Setting Up Aggregator ...

More than Half of Insurers Consider Setting Up Aggregator Sites to Sell Their Own and Other Insurers' Products, Accenture Study Finds

Aggregators dominate in the UK private automobile insurance market but face market-penetration challenges in the US

NEW YORK and LONDON; Feb. 2, 2016 -�More than half of the 400 insurers surveyed globally in a recent Accenture (NYSE: ACN) study are...

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Website: https://newsroom.accenture.com

Related topics : insurance aggregator sites uk / insurance aggregator sites / insurance aggregator business model / aggregator insurance uk / aggregator insurance model

The rise of UK aggregators suggests change for US insurers ...

By Michael Costonis  o  Posted on April 21st, 2011

The rise of UK aggregators suggests change for US insurers

In the United Kingdom, the aggregator model of insurance distribution has exploded. In 2009, more than half of private automobile insurance sales were purchased online, and 36 percent of home insurance sales were purchased online.

Property Casualty 360 recently published an article of...

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Website: http://insuranceblog.accenture.com

Related topics : aggregator insurance uk / aggregator insurance model / insurance aggregator

What's the right Insurance Aggregator architecture ...

There are two possible approaches to architecting an insurance aggregator website . The first approach (web service model) connects the aggregator website to the insurer's system by a series of API calls. The second approach (all-in-one model) handles everything under one website.

In both models, once you have defined the insurance product(s) you wish to offer (e.g. Private Car / Van, Home /...

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Website: http://www.onlineinsurancesolutions.co.uk

Related topics : insurance aggregator website / web aggregator insurance / web service aggregator / aggregator insurance model / insurance aggregator sites

Comparison websites shake up the motor insurance market - PwC

Comparison websites shake up the motor insurance market

Diese Seite auf: Deutsch

The importance of insurance aggregators will continue to increase significantly. A PwC study has shown how these providers will change the German market. From July to September 2013 motor insurers were asked to assess the aggregator market. The majority of the German motor insurance market, about 55% of the market...

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Date: 2017-04-03 06:45:49
Website: http://www.pwc.de

Related topics : insurance aggregator business model / insurance aggregator website / aggregator insurance companies / aggregator insurance model / insurance aggregator sites uk

Insurers rush to tie-up with web aggregators | Business ...

Insurers rush to tie-up with web aggregators

With Irda finalising the guidelines, insurers see huge growth in this space

March 14, 2014 Last Updated at 09:16 IST

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The Rising Importance of Aggregators in Insurance | Celent

home > reports > The Rising Importance of Aggregators in Insurance

The Rising Importance of Aggregators in Insurance

by� Juan Mazzini , � Luis Chipana , November 26, 2014

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Latin America

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Abstract

Distribution in insurance has gotten more sophisticated over the years. On top of traditional players, a great number of nontraditional channels have...

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Date: 2017-04-03 06:37:28
Website: http://celent.com

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Making digital strategy a reality in insurance | McKinsey ...

Digital transformation is challenging in insurance, where change must happen without interrupting the flow of daily business. Here's how savvy leaders are taking on the challenge.

The nature of competition in property and casualty (P&C) insurance is shifting as new entrants, changing consumer behaviors, and technological innovations threaten to disrupt established business models. Though the...

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Website: http://www.mckinsey.com

Related topics : insurance aggregator business model / aggregator insurance model / financial services data aggregators / auto insurance lead aggregators

Rise of the motor aggregators | The Actuary, the official ...

Rise of the motor aggregators

The UK motor insurance market is now in a situation similar to the airline industry where competition is making profitability elusive. The situation is unlikely to improve until some consolidation occurs or someone comes up with a new business model.

Figure 1 plots the Herfindahl Index (HI), a common measure of the competitive structure of an industry, for the UK...

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Website: http://www.theactuary.com

Related topics : insurance aggregator business plan / insurance aggregator sites uk / insurance aggregator business model / aggregator insurance uk / aggregator sites business model

Agency Models: What Defines Today’s ... - Insurance Journal

These models allow groups of agencies to mass business with insurance carriers to give the agency access to markets and avoid minimum premium thresholds for their individual business.

One problem with clusters, Burand said, is that many lack management. Hundreds exist today shoving business through the program without control.

One cluster group that's experienced success in recent years is...

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Website: http://www.insurancejournal.com

Related topics : insurance aggregators list / insurance aggregator business model / aggregator insurance model