How big is the United Kingdom Motor Insurance Market?

The United Kingdom Motor Insurance Market size is expected to reach USD 23.44 billion in 2024 and grow at a CAGR of 4.16% to reach USD 28.74 billion by 2029. Read More

What is the current United Kingdom Motor Insurance Market size?

In 2024, the United Kingdom Motor Insurance Market size is expected to reach USD 23.44 billion. Read More

Who are the key players in United Kingdom Motor Insurance Market?

AVIVA, THE PRUDENTIAL ASSURANCE COMPANY LIMITED , ZURICH ASSURANCE LTD, DL INSURANCE SERVICES LIMITED and AXA INSURANCE UK PLC are the major companies operating in the United Kingdom Motor Insurance Market. Read More

What years does this United Kingdom Motor Insurance Market cover, and what was the market size in 2023?

In 2023, the United Kingdom Motor Insurance Market size was estimated at USD 22.5 billion. The report covers the United Kingdom Motor Insurance Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the United Kingdom Motor Insurance Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

United Kingdom Motor Insurance Market Share

Statistics for the 2023 & 2024 United Kingdom Motor Insurance market share, created by Mordor Intelligence™ Industry Reports. United Kingdom Motor Insurance share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of United Kingdom Motor Insurance Industry

The United Kingdom Motor Insurance Market is consolidated, with the top 10 players having more than 80% share. Some of the major players operating currently dominate the market. The market is expected to grow during the forecast period due to the increase in sales of motor vehicles and many other factors driving the market. Companies such as AVIVA, The Prudential Assurance Company, Zurich Assurance Limited, AXA Insurance UK Plc, and others have a strong presence in the UK motor insurance market.