In 2017, the majority of policies, 60 percent, were written directly directly with the insurer. The second most popular channel was through intermediaries, accounting for 31 percent of the policies. Motor insurance provides financial protection in case of property or persons damage caused by the owner or driver of the vehicle. There are three main types of motor insurance in the United Kingdom - third party, third party, fire and theft, and comprehensive.
Distribution of motor insurance policies in the United Kingdom (UK) in 2017, by channel
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Financial Conduct Authority. (October 30, 2019). Distribution of motor insurance policies in the United Kingdom (UK) in 2017, by channel [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/1069784/distribution-of-motor-insurance-policies-by-provider/
Financial Conduct Authority. "Distribution of motor insurance policies in the United Kingdom (UK) in 2017, by channel." Chart. October 30, 2019. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/1069784/distribution-of-motor-insurance-policies-by-provider/
Financial Conduct Authority. (2019). Distribution of motor insurance policies in the United Kingdom (UK) in 2017, by channel. Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/1069784/distribution-of-motor-insurance-policies-by-provider/
Financial Conduct Authority. "Distribution of Motor Insurance Policies in The United Kingdom (Uk) in 2017, by Channel." Statista, Statista Inc., 30 Oct 2019, https://www.statista.com/statistics/1069784/distribution-of-motor-insurance-policies-by-provider/
Financial Conduct Authority, Distribution of motor insurance policies in the United Kingdom (UK) in 2017, by channel Statista, https://www.statista.com/statistics/1069784/distribution-of-motor-insurance-policies-by-provider/ (last visited November 04, 2024)
Distribution of motor insurance policies in the United Kingdom (UK) in 2017, by channel [Graph], Financial Conduct Authority, October 30, 2019. [Online]. Available: https://www.statista.com/statistics/1069784/distribution-of-motor-insurance-policies-by-provider/
