At Client Intelligence, we’re proud to unveil our newest market intelligence resolution, designed particularly for UK insurers working within the Landlord insurance coverage house. Because the rental market continues to evolve, so too should the methods of insurers trying to keep aggressive, agile, and knowledgeable.
A number of elements contribute to the rising proportion of renters within the UK
- Housing Affordability: The price of shopping for a house has elevated considerably, making it tough for many individuals to afford homeownership. Home costs have risen at twice the speed of wages over the previous 20 years
- Scarcity of Houses: There’s a important shortfall within the variety of houses accessible, with the UK needing round 300,000 new houses yearly to satisfy demand. This scarcity drives up property costs and pushes extra folks into renting.
- Life-style Preferences: Renting affords flexibility, which is interesting to youthful adults and those that favor to not be tied down by a mortgage .
- Financial Components: Rising rents and the price of dwelling disaster have made renting extra frequent. Common personal rents within the UK elevated by 7.7% within the 12 months as much as March 2025 .
- Authorities Insurance policies: Insurance policies and rules, equivalent to hire controls in Scotland and Wales, have additionally influenced the rental market.
Introducing Our Landlord Insurance coverage Market Benchmarking Service
This highly effective new benchmarking service gives insurers with a complete view of the owner insurance coverage panorama, providing unparalleled insights into:
- Pricing Benchmarks: Perceive how your pricing compares to opponents throughout key buyer segments and geographies.
- Quotability Metrics: Determine the place your merchandise are being quoted—and the place they’re not—so you’ll be able to uncover untapped alternatives.
- Market Dynamics: Observe shifts in market share, pricing tendencies, and shopper behaviour to remain forward of the curve.
Why It Issues
The owner insurance coverage market is dynamic, formed by regulatory modifications, financial pressures, and evolving buyer wants. Our benchmarking service empowers insurers to:
✅ Pinpoint areas for development and refinement
✅ Improve pricing methods with month-to-month market information
✅ Enhance quotability and diversify into new segments.
✅ Make data-driven selections with confidence
Greater than half of landlords (55%) reported the next renewal premium. Three quarters store round at renewal, exhibiting excessive worth sensitivity and engagement. Simply over half (53%) switched insurer, indicating lively churn relatively than passive loyalty.
Constructed for Strategic Benefit
Whether or not you are trying to develop your footprint, refine your pricing fashions, or just achieve a clearer image of your aggressive place, this information is your strategic ally. With actionable insights, it’s by no means been simpler to show information into alternative.
At Client Intelligence, we’re excited to help insurers in unlocking the huge potential within the Landlord market. By specializing in these underserved prospects and aligning methods with regulatory expectations, insurers can obtain important development, profitability, and buyer loyalty in a sector ripe for innovation.
