UK Insurance Market is Once Again in the Spotlight
In recent years, there has been a spate of mergers and acquisitions in the insurance industry; foreign ownership has increased; and the downfall of several insurers during 2000 and 2001 has made the industry a major focus in the business world. Forecasts indicate that mergers and acquisitions are likely to continue as companies expand and refocus their activities. In addition, insurance provision by well-known consumer brands is set to rise; and online insurance is likely to grow.