Brokers Lead the Circulation of Commercial Insurance with 78% Share of the Market: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The competition in the commercial distribution industry is rising. Though other channels of distribution have also developed, still brokers continue to dominate the share of the commercial market. The change is largely being brought around by SME’s operating in the country. There are cases wherein Small and Medium Size Enterprise (SME’s) do not require that wide ranging insurance products thus eliminating the services of brokers. The SME’s have developed a preference for purchasing the product online. The market for brokers is largely controlled by few major global companies along with many small firms. It is expected that the market might show signs of consolidation through mergers and acquisitions but nothing in relation to what was observed in late 2000’s. The focus for brokers has now really shifted to solidifying their position in the market which was earlier lost to SME’s by concentrating on their core strengths. The brokers now majorly focus on existing products and to their areas of specialisation. After August 2016, there would be considerable changes that would take place in commercial contract law. The contract will become more discreet and the insurers would have to assume responsibility in order to comply. All the parties in relation to the contract will observe better line of communication and understanding, benefitting the underwriters . The research report provides valuable insights on the trends prevailing in the industry. It also discusses the impact of diverse purchasing conduct of SME’s in relation to big corporate houses. The report also gathers informative insights on function and everyday task of brokers in product division. The report provides future forecast of next five years for all distribution channels along with prevalent challenges the market is experiencing. The industry research report will aid in streamlining the distribution strategy to meet the ever-growing needs of clients. The report will offer up to date information so that one can remain competitive in the industry. Peer to Peer comparison will help in formulating growth strategies and how new government regulations will affect the commercial market in the years to come. For more information on the market research report please refer to the below mentioned link: https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/uk-commercial-insurance-distribution-2016/8171-93.html Contact: Ankur Gupta, Head Marketing ankur@kenresearch.com +91-0124-4230204 Tags: UK Commercial Insurance Distribution, UK Commercial Insurance Distribution Market Analysis, UK Commercial Insurance Distribution market future, UK Commercial Insurance Distribution Market Report, UK Commercial Insurance Distribution market resaerch report, UK Commercial Insurance Distribution market share, UK Commercial Insurance Distribution Market Size, UK Commercial Insurance Distribution market trends