Legal Expenses Insurance Market Competitor Analysis
Requirement
The client wanted to understand the offerings and value propositions of its main competitors in the legal expenses insurance market. The client requested the analysis from both an end customers and a distributor point of view.
Solution
Research findings were delivered to the client covering all the data points requested by the client and the sources used for the research. The competitor analysis was based on the following points –
Range of products and services
Distribution channels
Point of sale/pre-sale value proposition
Cost of their products and services
Differentiating features
Communications
Range of products and services
Distribution channels
Point of sale/pre-sale value proposition
Cost of their products and services
Differentiating features
Communications
Methodology
We conducted research through:
Secondary research:
We referred to competitor’s websites, presentations, annual reports, policy literature, industry news aggregators, insurance and legal trade press, consumer feedback sites, and Litigation Funding magazine ATE product list.
Secondary research:
We referred to competitor’s websites, presentations, annual reports, policy literature, industry news aggregators, insurance and legal trade press, consumer feedback sites, and Litigation Funding magazine ATE product list.
Client Benefits and Feedback
The client was very satisfied with the findings of our study.