2014 Consumers and Gadget Insurance in UK Market Research Report Share

Most up-to-date research on "Consumers and Gadget Insurance - UK - September 2014" to its huge collection of research reports. In order to drive their businesses forward and generate revenue growth, specialist providers of gadget insurance need to explain the benefits of cover to a wide audience, including home insurance policyholders, and promote a reputation for claims fairness and transparency. Browse Detail Report With TOC @ http://www.researchmoz.us/consumers-and-gadget-insurance-uk-september-2014-report.html Table of Content Introduction Report scope and product definitions Distribution mix Abbreviations Executive Summary The market Gadget cover is widely held, though it comes in different forms Product evolution Value of the market Size of the add-on sector Market factors Technological advances drives growth… but the market is facing increased regulatory pressure Gadget and mobile phone insurance is commonly sold as an add-on to a packaged current account Company, brands and innovation Leading administrators and underwriters Product innovation The consumer UK adults are avid users of mobile devices Figure 1: Personal ownership of gadgets, by type, June 2014 Frequency of taking gadgets outside the home One in six have accidentally damaged their gadget Figure 2: Experience of loss, damage, theft and breakdown, June 2014 Take-up of gadget and other related insurance Figure 3: Ownership of gadget/mobile phone insurance and personal belongings cover, June 2014 Experience of making a claim Figure 4: Proportion of policyholders who have made claim in the past two years and claimant satisfaction, June 2014 One in ten of the non-insured are planning to get cover in the coming year Figure 5: Likelihood of getting mobile phone or gadget insurance within the next 12 months, June 2014 Attitudes toward gadget insurance Figure 6: Agreement with statements about gadget insurance, June 2014 What we think Issues in the Market The battle for customers in a mobile world The facts The implications Putting a price on protection The facts The implications Working towards greater transparency and better claims handling The facts The implications Browse Reports in Financial Services @ http://www.researchmoz.us/financial-services-market-reports-145.html Trend Application Trend: Extend my Brand Trend: Click and Connect Trend: The Suite Life Market Drivers Key points The average person owns electronic devices worth over £4,000 Laptops and smartphones are the most commonly owned gadgets Figure 7: Technology products personally owned, April 2013, April 2014 and June 2014 Technology buying intentions are up strongly in 2014 Figure 8: Technology products plan to buy/upgrade in the next three months, April 2013 and April 2014 Average price of smartphones, laptops and tablets continues to fall Figure 9: Value (and volume) of the mobile phone, laptop and tablet markets, 2011-14 Mobile phone cover is a staple part of the packaged account offering Perceived relevance of mobile phone and gadget insurance by packaged account holders Figure 10: Inclusion and perceived relevance of common packaged account benefits, June 2013 Summary of recent regulatory developments affecting the gadget insurance market Market SWOT Analysis Figure 11: The gadget insurance market– SWOT analysis, 2014 Who’s Innovating? Key points An evolving market SPB Group brings walk-in repair model to the UK Switched On Insurance launches travel add-on product Market Size and Segmentation Key points Exact product penetration is difficult to determine due to consumer confusion over exactly what cover they have Figure 12: Ownership of gadget and mobile phone insurance, June 2014 A market with strong sales growth and good expansion potential Most providers partner with specialist third-party administrators and underwriters Figure 13: Selected providers of gadget/mobile phone insurance and their administrators/underwriters, August 2014 For More Reports Browse @ https://www.linkedin.com/today/author/68229468   About ResearchMoz   ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.   For More Information Kindly Contact: Email: sales@researchmoz.us