Tag: Legal expense insurance


26

Jul 2021

18% of insurance consumers make COVID-related adjustments

COVID-19 changes consumer insurance behaviour 18% of consumers who currently own any type of insurance either cancelled a policy or switched to cheaper alternatives because of the COVID-19 pandemic. These findings come from the IRN Research report, The Insurance Consumer 2021. As a result of these changes, the amount consumers in total spend on general insurance produces declined by around 6% in 2020, compared with...

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10

Mar 2021

BTE Legal Expense Insurance Report

19 million BTE LEI policyholders In 2021, around four-in-ten consumers owned a before the event (BTE) legal expense insurance (LEI) policy, compared with only around one-quarter in 2019. The rise in ownership has been driven by older consumers aged 55+.  This means in 2021, just over 19 million adults had a LEI policy, with almost 28 million policies outstanding. Almost four-in-ten LEI policyholders own more...

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