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Digital demand could displace £8.3bn of UK premiums by 2025

By 2021-04-26T06:43:00

online sales insurance

Despite the global recession, the UK insurance industry could grow from £274bn in early 2020 to approximately £298bn by the end of 2025

The rising demand for digital insurance products and online distribution channels in the UK is expected to put £8.3bn of today’s insurance market at stake by 2025 as it challenges customer retention levels.

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