Introduction
This brief discusses product innovation in the UK, covering telematics and eco-friendly insurance products. It also discusses a number of foreign insurance products that offer features not commonly offered in the UK, and evaluates the advantages of introducing such features in UK products.
Scope
Information on developments in telematics and eco insurance products in the UK Examples of product features from abroad to introduce to the UK market
Highlights
Eco-friendly policies are easy to set up and add to an existing business line. The low barriers to entry are demonstrated by the speed with which others joined CIS's launch of an eco product. It is therefore likely that others will also launch eco-friendly motor insurance products in the near future.
Reasons to Purchase
Gain insight into the development of telematics and eco insurance products in the UK Learn about the potential of introducing agreed value car insurance, combined products for young people, and much more to your UK product offering