89% of Drivers have Motor Insurance Around 80% of consumers are Drivers, defined as individuals who either own a car or have use of a car owned by someone else. Only around nine-in-ten Drivers (89%) have motor insurance, with uninsured Drivers representing those who are driving illegally without insurance, those whose cars have SORN status, children whose insurance may be fronted by their parents and...
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UK-based business law firms and chambers generated revenues of around £16bn in 2018, an increase of 4.1% on 2017. Some of this revenue comes from overseas work and the UK market itself is worth between £11bn and £12bn. Despite steady revenue growth in recent years, the business legal services market is an increasingly competitive one. Many clients of law firms have become competitors as well...
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The UK Medico-Legal and Insurance Services Market Trends Report is the third edition of an annual Legal Market Report from IRN Research. It provides an overview of the UK market for firms that provide medical expertise (ME) and rehabilitation and allied medical services (RAMS) to the legal and insurance sectors. Medico Legal and Insurance Market Current Trends The medico-legal and insurance services market (MLIS) is...
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Banking Reputation: the sum is worth less than its parts Only 44% of consumers look on the banking industry favourably, but 79% are satisfied with their own bank The banking industry still suffers from reputational damage as a legacy of past (and some on-going) scandals. Consumers generally have less positive view of the industry than they have of individual bank brands and the individual banks...
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UK Legal Services Consumer Research Report 2019 CONSUMERS FIND IT HARD TO DIFFERENTIATE BETWEEN LAW FIRMS, HAVE LOW BRAND AWARENESS, BUT PUBLISHING PRICE INFORMATION WOULD HELP The latest consumer research findings from IRN Research show that a majority of adults have used a law firm/solicitor in the last five years, but use of other legal services providers is also growing. A clear majority find...
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38.3 million trips taken by Continental Ferry and Tunnel Passengers in 2018 The UK Continental ferry and tunnel market rose by 2.5% in 2018 in terms of the number of trips taken. While ferries continue to capture the largest share of the market, relative to Eurotunnel and Eurostar, they have under-performed their tunnel rivals since 2010 and over 2017/18. These findings come from the Continental...
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The UK Clinical Negligence Law Market Trends Report is the second edition of an annual Legal Market Report from IRN Research and provides an overview of the UK clinical negligence law market. The clinical negligence market is estimated to generate over £650 million in gross revenue for law firms in the UK, with gross revenues having risen over the three years up to 2016/17. However,...
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UK Motor Insurance Premiums Rise by 4% In 2018, IRN Research estimate the motor insurance market generated premiums of just over £14 billion, a rise of around 4% over 2017. Between 2013 and 2015, GWP remained relatively flat, but it has grown since. Between 2018 and 2023, IRN Research predict that motor insurance GWP will rise by 23% to finish at just over £17 billion....
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Continental ferries see passenger growth but Irish and Domestic ferries see falls IRN Research published the Annual Ferry Market Report 2018, which provides a statistical overview of the UK Passenger Ferry Market based on returns from almost all UK passenger ferry operators. Although the market is made up of three market sectors – UK Continent, UK Ireland and Domestic routes some comparisons are also made with...
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Home Insurance Market Worth More than £7 billion IRN Research estimates that home insurance gross written premiums (GWP) will reach around £7.5 billion in 2018, a rise of around 4% on the previous year. Consumer expenditure, as opposed to GWP, rose by 6.9% in 2018, however, excluding the impact of premium inflation on the figures, then expenditure rose by only 1.4%. But Home Insurance in...
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