Motor insurance market share for young switcher* consumers in Europe 2016, by country

Published by Statista Research Department, Nov 15, 2016
This statistic illustrates the share of the motor insurance market attributable to the young switcher* market segment in Europe as of 2016, broken down by country. It can be seen that 30 percent of the motor insurance market in Ireland consisted of consumers in the young switcher market segment at that time. In comparison, only 11 percent of the motor insurance market in Switzerland was made up of consumers defined as young switchers as of 2016.

Share of motor insurance market attributable to the young switcher* market segment in Europe as of 2016, by country

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Source

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Release date

November 2016

Region

Europe

Survey time period

15th June 2016 to 15th July 2016

Number of respondents

14,729 respondents

Age group

18 years and older

Special properties

Motor insurance customers

Supplementary notes

*Young Switchers are defined by the source as: "Customers between 18 and 45 years old who churn more than average".

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