Bancassurance Gaining Market Share as a Growing Number of Banks Enter the Non-Life Insurance Market to Reinforce Their Customer Loyalty.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c30891) has announced the addition of European Non-Life Bancassurance Review 2005 to their offering.

Overall, bancassurance is still a minor distribution channel in most general insurance markets in Europe. However bancassurers have achieved significant penetration in some market segments related to their banking activity. Furthermore, bancassurance is gaining market share as a growing number of banks enter the non-life insurance market to reinforce their customer loyalty.

After the success of our annual reports on European Life Bancassurance, we are pleased to launch the first edition of the European Non-Life Bancassurance Review. In this report, based on extensive research of the non-life activity of the leading European retail banks, we analyse the key success factors for non-life bancassurance, the various business models that have been implemented, the significant issues for the development of bancassurance and the main trends.

Finally, we provide an overview of the non-life bancassurance markets and an analysis of the strategy of the main banking players in non-life insurance in Belgium, France, Germany, Italy, Portugal, Spain and the United Kingdom. The report also includes a review of the development of bancassurance in Poland.

Scope of the Report

The report addresses the fundamental questions including:

--To what extent can the success of bancassurance in life insurance be replicated in non-life insurance?

--In which non-life market segments can bancassurers be successful?

--Are there synergies for banks in non-life business?

--What are the main business models implemented by European non-life bancassurers?

--Can bancassurers learn from the processes successfully implemented in life insurance to develop non-life insurance?

--How can bancassurers differentiate from traditional insurers in the non-life market?

--What are the main features of the non-life bancassurance markets in Belgium, France, Germany, Italy, Portugal, Spain and the United Kingdom? Who are the main non-life bancassurers in these markets?

Key Findings

The market share of bancassurance in non-life business does not exceed 11% in any of the countries researched. However, bancassurers have a strong or even dominant position in some market segments.

Bancassurers cannot necessarily replicate the success they have had in the life market as some of the key success factors cannot be transferred to non-life insurance. However, they can build on the size of their customer base and their knowledge of clients to cross-sell non-life insurance products linked or related to banking products. Bancassurers can also learn from the processes successfully implemented in life insurance. As in life business, bancassurers operate in non -life insurance through a variety of models, ranging from the most integrated- full ownership of a non-life insurance company - to the least integrated - limited duration non-exclusive distribution partnerships.

Why You Need This Report

The Report:

--Provides a unique in-depth analysis of European non-life bancassurance, based on extensive research of the non-life activity of Europe's largest retail banks

--Analyses the key success factors in non-life bancassurance and how bancassurers can build on their experience gained in life insurance

--Describes the main features of the non-life bancassurance markets in Belgium, France, Germany, Italy, Portugal, Spain and the United Kingdom

--Profiles the leading non-life bancassurance players in these countries

--Provides an overview on key topics such as the development of bancassurance in Poland

--Europe-wide, bancassurance is the most significant distribution channel for the life and pensions industry and is a growing channel for non-life insurance. Whether you are an active player in it, analyse it, compete with it, or simply want to understand its dynamics, this report is essential for you and your business.

For more information visit http://www.researchandmarkets.com/reports/c30891