News

Home insurance market seeing considerable customer churn – Confused.com

By 2023-05-23T12:24:00

money sterling umbrella protect

Exactly 44.4% of insurance customers switched their policy providers in 2022, reveals research

In the latest release of UK Home Insurance Statistics 2023 reporter by Confused.com sheds light on customer loyalty and the changing provider landscape within the industry.

The data, published yesterday (22 May 2023) highlights that approximately 90% of combined buildings and contents home insurance policyholders are existing customers.

Read more…

Read more financial stories here or discover other news content here

You need to register to continue reading the rest of this article and more for free.
(If you’re already registered, please sign in here.)

REGISTER NOW FOR FREE

We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.

Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:

  • Uncover Secrets: Dive deep with exclusive annual reports, fueled by expert insights.
  • News That Matters: Award-winning coverage & analysis, delivered to your inbox.
  • Stay Ahead, Your Way: Daily or weekly - choose your news rhythm.
  • Own Your Learning: Curate your knowledge with a personalized library.

Register for FREE now and Keep Reading

Stay on top of the insurance game with our subscription! Get unlimited access to over 80,000 articles, in-depth analysis, exclusive reports by industry experts, and our Five-Star rating system to compare companies and find the best fit for your business needs - view subscription options.