Get a detailed report at http://marketreportsstore.com/insight-report-the-rise-of-online-aggregators/# . The emergence of online aggregators has revolutionized the distribution of insurance products and services. Distribution in the insurance industry has become increasingly diverse, with online aggregators, direct online sales, agencies, brokers, auction sites and mobile-based distribution. Online aggregators have enabled consumers to access multiple quotes from different insurance service providers, and their presence is spreading across the world, bringing fundamental changes to the insurance industry. This trend is likely to continue until 2020.

1. Insight Report: The Rise of Online Aggregators
Published: Jun 2014
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2. Insight Report: The Rise of Online Aggregators
Synopsis
The report covers in-depth analysis of online aggregators market, and provides:
Insights into the evolution and growth of online aggregators
Detailed analysis of various factors driving the growth of online aggregators
around the world, and different challenges faced by them
Comprehensive analysis of the impacts that online aggregators have on the
insurance industry, and various challenges posed by them to insurers and
brokers
Insights into online aggregators markets and trends in developed, developing
and nascent aggregators' markets
Analysis of key strategies that should be adopted by online aggregators, and
insurers and brokers
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3. Insight Report: The Rise of Online Aggregators
Summary
The emergence of online aggregators has revolutionized the distribution of
insurance products and services. Distribution in the insurance industry has
become increasingly diverse, with online aggregators, direct online sales,
agencies, brokers, auction sites and mobile-based distribution. Online
aggregators have enabled consumers to access multiple quotes from different
insurance service providers, and their presence is spreading across the world,
bringing fundamental changes to the insurance industry. This trend is likely to
continue until 2020.
Online aggregators have become a growing phenomenon in the global insurance
industry. Online aggregators first emerged as a marketing channel for insurance
products and services in the UK insurance industry in 2002 with the launch of
confused.com. After just a decade, online aggregators now account for 60% of
new motor insurance policies and 50% of personal insurance lines. The growth
trend
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4. Insight Report: The Rise of Online Aggregators
Key highlights
In the UK insurance industry, online aggregators achieved rapid growth and after
a decade they now account for 60% of new motor insurance policies and 50% of
personal insurance lines. However, the growth leveled out in 2013, and some
aggregators even recorded falling sales from 2012 levels.
The emergence of online aggregators has strengthened the distribution of
personal lines of insurance; however, it has increased price-based competition
and emerged as one of the largest risks to insurers and brokers.
The dominance of online aggregators in the distribution of motor insurance in
the UK has led to reduction in premium rates by 15% between October 2012 and
September 2013.
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rise-of-online-aggregators/# .
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5. Insight Report: The Rise of Online Aggregators
Reasons to buy
Gain insights into online aggregators markets across the world
Understand the growth potential of online aggregators and key growth strategies
they should adopt
Understand various factors driving the growth of online aggregators and key
challenges faced by them
Understand the reasons behind the dominance of online aggregators in the
distribution of personal lines of insurance
Know various competitive strategies insurers and brokers should adopt to
succeed in an aggregator-dominated market
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6. Insight Report: The Rise of Online Aggregators
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