2016 UK Private Motor Insurance Market | Distribution and Marketing:Radiant Insights, Inc

Summary

The purchasing preferences of private motor insurance customers have remained steady in 2016. Direct to insurer is still the most popular distribution channel. A presence on price comparison sites is also important, with customers using the channel both to research and purchase insurance. To contact their provider, most private motor insurance customers either purchase over the phone or online. Price is most influential when purchasing a policy, but due to a lack of price variation in the market most customers still choose to remain with their existing provider when shopping around. Aviva is the leading provider within the market, with one in 10 customers holding a policy with the insurer. Spend on advertising halved in the first half of 2016 compared to 2015 due to Moneysupermarket.com and Aviva reducing their spend on TV campaigns.

Key Findings

  • 1% of private motor insurance customers purchased direct from an insurer in 2016.
  • 4% of private motor insurers purchased over the phone or online in 2016.
  • 7% of private motor insurance customers held a policy with Aviva in 2016.
  • 8% of private motor insurance customers shopped around at last renewal.

To Access Browse Full Research Report @:
http://www.radiantinsights.com/research/uk-private-motor-insurance-distribution-and-marketing-2016

Synopsis

Verdict Financial’s “UK Private Motor Insurance: Distribution and Marketing 2016″ explores consumer purchasing behavior and how consumer preferences are changing over time. This report discovers what is most influential to customers when purchasing a policy, and also reveals the most popular providers in the market. New trends and innovations are highlighted, as well as the key factors that will influence the private motor insurance market over the next few years.

Reasons To Buy
To understand consumer purchasing decisions and understand how these will influence the market over the next few years.

To improve customer engagement by recognizing what is most important to them and how insurers can adapt their products and services to meet their needs.

To discover which providers lead the way in the private motor insurance space are and how providers are revolutionizing the market through new innovations.

Adapt your distribution strategy to ensure it still meets customer purchasing behavior.

To Access Request A Sample Copy Of This Report athttp://www.radiantinsights.com/research/uk-private-motor-insurance-distribution-and-marketing-2016/request-sample

About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com

 

2016 Super League In-Depth Analysis: Credit Agricole Industry Growth:Radiant Insights, Inc

Summary

Credit Agricole has four business divisions: Specialized Financial Services, Large Customers, Retail Banking, and Asset Gathering. Asset Gathering hosts Indosuez Wealth Management. The French private banking entities of LCL and Regional Banks are located under the Retail Banking division. In January 2016 Credit Agricole unified its numerous international private banking operations under the brand Indosuez Wealth Management. Indosuez Wealth Management has not been involved in any MandA activity since 2014, when a private banking office with bank Cariparma in Italy was opened.

Key Findings

  • After an organizational restructure announced in 2015, Credit Agricole now has four business lines reporting to the executive management in place of the previous six. Formerly Private Banking was under the Savings Management and Insurance division. It is now grouped under the Asset Gathering division.
  • Indosuez Wealth Management targets strong growth in the Asia Pacific region as well as in emerging markets, but has also announced growth via acquisitions in Europe as a potential strategy.
  • Indosuez Wealth Management seeks increased co-operation with the group’s other units to generate synergies and costs savings: according to Strategic Ambition 2020 the key strategic priorities include enhancing the service offering in co-operation with Credit Agricole’s other business lines such as corporate finance and complex financing.
  • Indosuez Wealth Management targets organic growth by attracting more clients from the highest wealth tiers, and reviewing acquisition opportunities. In addition it seeks to increase synergies with Credit Agricole’s distribution networks in France and Italy.
  • Credit Agricole Private Banking performed strongly – profit grew by 35.7% between 2014 and 2015. In addition, in 2015 Credit Agricole Private Banking experienced a second consecutive year of positive asset inflows, driven by strong business momentum and a favorable currency effect.

To Access Browse Full Research Report @:
http://www.radiantinsights.com/research/super-league-in-depth-analysis-credit-agricole-2016

Synopsis

Verdict Financial’s “Super League In-Depth Analysis: Credit Agricole 2016” report is a comprehensive analysis of Credit Agricole’s private banking operations. It offers insight into the company’s strategy, financial results, and marketing activities. It also covers the bank’s recent merger and acquisition (MandA) activity, customer targeting, and product innovation.

Insight into Credit Agricole’s growth strategy.

  • Overview of the firm’s organizational structure.
  • Clear presentation of its geographical coverage and expansion strategy, including MandA activity.
  • Analysis of the firm’s financial performance at group and divisional level, including comparison to other global wealth managers.
  • Examination of the key target client groups.
  • Analysis of Credit Agricole’s product and service proposition and how it is unique compared to its competitors.

Review of Credit Agricole’s marketing and social media activities at group and divisional level.

Reasons To Buy

  • Examine the financial performance and key ratios for UBS and benchmark this competitor against other global wealth managers.
  • Explore Credit Agricole’s recent MandA and growth strategies and their impacts on its AUM growth and financial performance.
  • Understand Credit Agricole’s client targeting strategies and examine whether these have been successful.
  • Learn more about Credit Agricole’s marketing strategy and social media presence.

To Access Request A Sample Copy Of This Report at:  http://www.radiantinsights.com/research/super-league-in-depth-analysis-credit-agricole-2016/request-sample

About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com

2016 UK Commercial Motor Insurance: Competitor Dynamics:Radiant Insights, Inc

Summary

The UK commercial motor insurance market is highly competitive. The market grew slightly in 2015 as a result of economic growth, which boosted business prosperity and therefore investment in commercial vehicles to support business expansion. But with the effects of Brexit looming large, the market is expected to witness slow growth as businesses become more wary of making investments in new commercial vehicles.

Synopsis

Verdict Financial’s “UK Commercial Motor Insurance: Competitor Dynamics 2016” is part of a series providing a high level look into insurer activity during the last year within commercial motor. Each report looks at the leading players to see how they have performed and how they have changed their overall proposition.

 

To Access Browse Full Research Report @:
http://www.radiantinsights.com/research/uk-sme-insurance-competitor-dynamics-2016

Key Findings

  • The top 10 insurers account for more than three quarters of the market.
  • RSA, Aviva, Allianz, and NFU Mutual have been the top four since 2013.
  • NFU Mutual was the most profitable commercial motor insurer among the top 10.

Reasons To Buy

  • Benchmark yourself against other players in the market.
  • Adapt your proposition to gain competitor advantage.

To Access Request A Sample Copy Of This Report at:  http://www.radiantinsights.com/research/uk-sme-insurance-competitor-dynamics-2016/request-sample

About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com

2016 UK Travel Insurance Market | Distribution and Marketing:Radiant Insights, Inc

Summary

Financial services providers are beginning to establish a presence in the distribution of travel insurance policies. Many consumers are benefitting from being able to obtain a policy from their bank as part of a packaged feature with their current account. Convenience is an important attribute for modern consumers, and banks are beginning to take advantage of the fact that customers appreciate the ability to accomplish many of their financial priorities in one attempt or from one type of provider. However, the direct channel is still holding its weight, while accessing the internet from a desktop PC remains the preferred method of purchasing.

Key Findings

  • 6% already had travel cover included in their financial services package.
  • 2% obtain travel insurance directly through a price comparison site.
  • Single-trip policies are generally preferred to annual cover.
  • Online via PC remains the preferred method of purchase.

To Access Browse Full Research Report @:
http://www.radiantinsights.com/research/uk-travel-insurance-distribution-and-marketing-2016

Synopsis

Verdict Financial’s “UK Travel Insurance: Distribution and Marketing 2016” explores consumer purchasing behavior and how consumer preferences are changing over time. This report discovers what is most influential to customers when purchasing a policy and also reveals the most popular providers in the market. New trends and innovations are highlighted, as well as the key factors that will influence the travel market over the next few years.

Reasons To Buy

  • Understand consumer purchasing decisions and how these will influence the market over the next few years.
  • Improve customer engagement by recognizing what is most important to them and how insurers can adapt their products and services to meet their needs.
  • Discover which providers lead the way in the travel insurance space and how providers are revolutionizing the market through new innovations.
  • Adapt your distribution strategy to ensure it still meets customer purchasing behaviors.

To Access Request A Sample Copy Of This Report at:  http://www.radiantinsights.com/research/uk-travel-insurance-distribution-and-marketing-2016/request-sample

About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com

2016 UK SME Insurance:: Competitor Dynamics:Radiant Insights, Inc

Summary

The SME market is important for commercial insurers as SMEs account for the majority of the UK economy. With insurers increasingly targeting the segment, the market is very competitive. Insurers are developing their propositions to cater for small and medium sized enterprises. E-trade is becoming more of a central focus for the insurers in this space, as is the distribution of high-volume, low-value business via the direct channel. Organizations within the market vary in size and so have different insurance needs and service preferences, which means the SME market should not be categorized as one segment.

Direct propositions are primarily being developed by those looking to target sole traders and micro-sized enterprises with packaged products. Meanwhile e-trading is of greater focus for insurers targeting small and medium-sized enterprises that have greater affinity to purchase through a broker.

AXA and Aviva dominate the SME insurance space across the majority of commercial products, according to Verdict Financial’s 2015 UK SME Insurance Survey. Other insurers present in the market play to their strengths when servicing SMEs.

Hiscox and Zurich are popular providers for liability products, whereas Allianz and Direct Line are strong in servicing SMEs to insure commercial motor vehicles. As the number of providers supplying commercial insurance solutions grows, and there is more choice available to potential customers, those offering the best deals in terms of the level of cover, the quality of the overall package, and price are most likely to succeed.

To Access Browse Full Research Report @:
http://www.radiantinsights.com/research/uk-sme-insurance-competitor-dynamics-2016

Synopsis

Verdict Financial’s ‘UK SME Insurance: Competitor Dynamics 2016’ report looks at which insurers lead the way in the SME segment and how they are developing their propositions, as well as highlighting how competitor positions vary between micro, small, and medium enterprises. It examines which insurers are winning over brokers and which companies SMEs are placing their business with.

Key Findings

  • AXA and Aviva dominate the SME insurance space, with 21.4% and 15.9% of SMEs respectively holding a commercial insurance policy with these providers.
  • Brokers place the most SME business with Allianz, Aviva, and AXA.

Reasons To Buy

  • Benchmark yourself against the rest of the market.
  • Ensure you remain competitive as new innovations and insurance models begin to enter the market.
  • Adapt your distribution strategy to ensure it is efficient and still meets customer purchasing behavior.

To Access Request A Sample Copy Of This Report at:  http://www.radiantinsights.com/research/uk-sme-insurance-competitor-dynamics-2016/request-sample

About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com

UK Protection Insurance Market: Critical Illness and Income Protection:Radiant Insights, Inc

Summary

Individual product performance in the protection market is a turbulent and confusing picture, with erratic premium behavior across the board.

While term (and specifically non-mortgage term) products are still the dominant force with over 70% of protection share, there has been downward pressure on every product line in recent times, reflecting the uncertain, fragile national macroeconomic picture. Indeed, in the absence of major market-driven change it is the macro-environment that dictates performance.

To Access Browse Full Research Report @:
http://www.radiantinsights.com/research/uk-protection-insurance-critical-illness-and-income-protection

Synopsis

Verdict Financial’s “UK Protection Insurance: Critical Illness and Income Protection” examines the protection market, focusing on two products: critical illness and income protection. It examines how the market has performed and explores the key drivers shaping the market going forward. It also highlights the impact of RDR and provides a forecast for the next five years.

Key Findings

Although the Retail Distribution Review (RDR) was aimed at the retail investment market, and commission-based business is still permitted for protection products, the net effect has been that advisors offering a range of services have had to adapt their models. In addition to RDR, a new emphasis on conduct has been ushered in with the Financial Conduct Authority, and key protagonists in the financial services markets have been overwhelmed with the volume of regulatory change in the last few years.

Individual product performance in the protection market is a turbulent and confusing picture, with erratic premium behavior across the board. While term (and specifically non-mortgage term) products are still the dominant force with over 70% of protection share, there has been downward pressure on every product line in recent times, reflecting the uncertain, fragile national macroeconomic picture.

Reasons To Buy

  • Review your strategy against both existing and new challenges regarding the critical illness and income protection markets.
  • See where the opportunities are for digital disruption and how insurers need to respond.

To Access Request A Sample Copy Of This Report at:  http://www.radiantinsights.com/research/uk-protection-insurance-critical-illness-and-income-protection/request-sample

About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com

2016 UK Consumer Credit Market:Forecasts and Future Opportunities:Radiant Insights, Inc

Summary

Consumer credit lending in 2016 will rise by 7%, but growth will slow over the forecast period, with balances outstanding reaching £292.5bn in 2020. Consumer confidence will maintain current demand, despite the uncertainty caused by the UK’s vote to leave the EU in June 2016. Strong competition is increasing the availability of credit but also weakening credit scoring criteria; consequently, there are signs that credit quality is deteriorating. Accommodating monetary policy should mitigate increases in the cost of credit due to higher inflation.

To Access Browse Full Research Report @:
http://www.radiantinsights.com/research/uk-consumer-credit-2016-forecasts-and-future-opportunities

Key Findings

  • Average credit quality has reached its lowest point in over four years, and default rates have been on an upward trend over the last two years.
  • UK consumers are currently positive about their immediate financial situation. However, their future expectations of the UK economy are much more negative and have been for some time. The extent of this apprehension about the future has not been significant enough to curtail growth in retail spending, but consumers have held back on purchasing luxury and big ticket items.
  • Lower credit scoring criteria has been priced in by providers, resulting in average interest rates on loans of £5,000 rising 1.9% in a year.
  • P2P remains the fastest-growing sector. The P2P lending market is showing signs it is starting to consolidate, with synergistic partnerships with other sectors being used to increase the scale of operations. We estimate that P2P lending will comprise 0.42% of total consumer credit in 2016, rising to 1.2% in 2020.

Synopsis

Verdict Financial’s “UK Consumer Credit 2016: Forecasts and Future Opportunities” analyzes the UK consumer credit market, with coverage of both supply and demand factors as well as sectoral analysis. Specifically the report:

  • Analyzes the relative performance of the major sectors of the UK consumer credit market.
  • Reviews the drivers behind recent market performance.
  • Identifies changes in market dynamics.
  • Forecasts balances outstanding.
  • Forecasts future drivers of growth and product features.

Reasons To Buy

  • Which factors will impact the supply of lending?
  • Which factors will affect consumer demand for credit?
  • Which sectors offer the best prospects and opportunities for expansion over the next few years?

To Access Request A Sample Copy Of This Report at:  http://www.radiantinsights.com/research/uk-consumer-credit-2016-forecasts-and-future-opportunities/request-sample

About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com

UK Commercial Property Insurance Market: Competitor Dynamics:Radiant Insights, Inc

Summary

The UK commercial property insurance market is highly competitive and the market has been stuck in a soft period of the cycle for a prolonged period. The market witnessed a decline in 2015 and the profitability of the top players also remained subdued. High operating costs and continued competition via market overcapacity are cutting into insurers’ profitability.

Synopsis

Verdict Financial’s “UK Commercial Property Insurance: Competitor Dynamics” report is one of a series providing a high-level look into insurer activity during the last year within a product area and benchmarks the leading insurers against each other. Each report looks at the top 10-20 players to see how they have performed but also to see how they have changed their overall propositions.

To Access Browse Full Research Report @:
http://www.radiantinsights.com/research/uk-commercial-property-insurance-competitor-dynamics

Key Findings

  • The top 10 insurers account for 65.3% of the market.
  • Aviva remains the largest commercial insurer in the UK.
  • Aviva was the provider of choice for commercial brokers.

Reasons To Buy

  • Benchmark yourself against other players in the market.
  • Adapt your proposition to gain competitor advantage.

To Access Request A Sample Copy Of This Report at:  http://www.radiantinsights.com/research/uk-commercial-property-insurance-competitor-dynamics/request-sample

About Radiant Insights :
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com

 

 

MarketResearch:Retail Banking Country Snapshot: UAE 2016: Radiant Insights, Inc

Summary

The UAE is overbanked with around 49 players, making it a fragmented and highly competitive market. Penetration is high and consumers are well informed and sophisticated, but the large number of expats in the UAE (over 90% of the population) creates unique requirements. Reputation is key, and customers favor established providers and traditional structures. Although online channels are gaining ground, awareness of fintech and peer to peer (P2P) providers remains low, and partnerships with existing banks are the best way of breaking into the market.

Key Findings

  • State-owned banks dominate the retail sector, with Emirates NBD accounting for almost a quarter of accounts, while international banks have made limited headway. Ethical values, reputation, and convenience are important, but 64% of customers prefer a local brand.
  • Recommendations and convenience of branch location are the top drivers of choice of savings provider, while rates are also key due to the competitive nature of the sector. Property purchase is the most popular reason for saving, and branch enquiries are still preferred over online applications.
  • The mortgage sector is highly competitive and banks struggle to achieve significant market share. Incentives are important to attract customers, but ease of use and online presence are also vital. Banks like RAKBANK are benefiting from investment in digital solutions.

To Access Browse Full Research Report @:  http://www.radiantinsights.com/research/retail-banking-country-snapshot-uae-2016

Synopsis

Verdict Financial’s “Retail Banking Country Snapshot: UAE 2016” reviews the retail banking sector in the UAE, with a particular focus on the current account, savings, mortgage, and personal loans markets. It includes both market-level data and insight from our global Retail Banking Insight Survey.

The report offers insight into:

  • How consumers in the UAE take out and use their financial products, and how this has changed in recent years.
  • Which providers dominate the current account, savings, mortgage, and loan markets, and what factors persuaded their customers to choose them.
  • The extent to which consumers are using online and mobile channels to research, take out, and use their financial products.

To Access Request A Sample Copy Of This Report at:  http://www.radiantinsights.com/research/retail-banking-country-snapshot-uae-2016/request-sample

Reasons To Buy

  • Future proof your strategy with market sizing, forecasts, and analysis of key developments currently affecting the UAE’s retail banking sector.
  • Target consumers with inside knowledge of their true behaviors and attitudes, with detailed analysis from our proprietary insight.
  • Learn about the impact new entrants and distribution channels will have on the market.

See More Reports of This Category by Radiant Insights: http://www.radiantinsights.com/catalog/financial-services

About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com

Singapore Retail Banking Market Snapshot: Radiant Insights, Inc

Summary

Singapore has a highly concentrated market for most financial products, with DBS, POSB, and OCBC dominating the provision of current accounts, savings accounts, and mortgages. Consumers are cautious in their choice of provider, favoring those with strong reputations and nearby branches. Mobile is now a significant channel for routine transactions, although use is heavily skewed towards younger age groups. Satisfaction with digital channels is significantly higher than for branches and call centers.

Synopsis

Verdict Financial’s “Retail Banking Country Snapshot: Singapore 2016” reviews the retail banking sector in Singapore, with a particular focus on the current account, savings, mortgage, and personal loans markets. It includes both market-level data and insight from our Retail Banking Insight Survey.

The report offers insight into:

  • How consumers in Singapore take out and use their financial products, and how this has changed in recent years.
  • Which providers dominate the current account, savings, mortgage, and loan markets and what factors persuaded their customers to choose them.
  • The extent to which consumers are using online and mobile channels to research, take out, and use their financial products.

To Access Browse Full Research Report @:
http://www.radiantinsights.com/research/retail-banking-country-snapshot-singapore-2016

Key Findings

  • Among consumers as a whole, reputation, branch location, and price are the three most influential drivers across all products. In addition, Singaporean consumers show a preference for local brands.
  • Borrowers overwhelmingly prefer direct application for mortgages, with 79% of all current borrowers having chosen this option. Singapore’s mortgage market is expected to grow strongly over the next four years, reaching SGP231.1bn in 2020.
  • The younger family segment is the most restless of the life stages according to our Megatrend framework. Our data suggests they are seeking more flexible products and services that suit their circumstances better, which is reflected in the fact that they’re more likely to switch providers than other consumer segments.

Reasons To Buy

  • Future proof your strategy with market sizing, forecasts, and analysis of key developments currently affecting Singapore’s retail banking sector.
  • Target consumers with inside knowledge of their true behaviors and attitudes, with detailed analysis from our proprietary insight.
  • Learn about the impact new entrants and distribution channels will have on the market.

To Access Request A Sample Copy Of This Report at:
http://www.radiantinsights.com/research/retail-banking-country-snapshot-singapore-2016/request-sample

About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com