Small Business Metrics: Banking and Insurance for Recently-Established Businesses in the UK

Publication Date	August 2006
Publisher	Finaccord
Product Type	Report
Pages	75
ISBN Number	not applicable
Product Code	FIN00170

Price

£595.00
approximately: $887 | €709

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Summary

The report titled Small Business Metrics: Banking and Insurance for Recently-Established Businesses in the UK is one of ten publications focused on specific small business categories in the Small Business Metrics series developed in conjunction with IMRS (www.imrs.co.uk). Based on an on-line survey of 1,575 small business owners and self-employed individuals carried out in June and July 2006, of which 713 are classifiable as recently-established businesses, the study provides fresh and detailed insights into the market for providing a range of business banking and insurance services to this type of small business. In essence, the research provides clear answers to a range of key issues in the market for promoting banking and insurance services to recently-established businesses, a category which simply comprises businesses created within the last three years. Key issues addressed include a thorough analysis of the usage of small businesses in this category of different types of business banking and insurance products, their propensity to strike up relationships with more than one bank or insurer, the distribution interfaces and channels that they use to contract banking and insurance services, their satisfaction with the various services offered by the financial institutions providing their main banking and insurance products, and their inclination to contract banking and insurance services through commercial affinity groups such as professional or trade associations, or franchise organisations.

Content

0.0 Executive Summary
1.0 Introduction
- Research rationale
- A number of motivating factors underpin the Channel Metrics report and series of briefings
- Research sample and mechanics
- Research structure
- Research strengths and drawbacks
- Finaccord
- Channel Metrics briefings
- Other UK consumer research publications
- UK affinity and partnership marketing publications
- IPT / IMRS
- Errors, omissions and limit of liability
2.0 Analysis Of Results
- Introduction
- Switching rates and brand new policies - 2005
- Distribution interfaces - 2005
- Specific distribution channels - 2005
- Switching rates and brand new policies - 2006
- Distribution interfaces - 2006
- Specific distribution channels - 2006
- Key factors determining choice of distribution channel
Graphics / Tables
- The financial services distribution channel universe -specific distribution channels / distribution interfaces
- Sample breakdown by age group, household income band and geographical location
- % of consumers switching provider or buying life insurance for the first time, 2005
- Analysis of distribution interfaces used for buying life insurance, 2005
- Analysis of specific distribution channels used for buying life insurance, 2005
- % of consumers forecast to be switching provider or buying life insurance for the first time, 2006
- Analysis of distribution interfaces forecast to be used for buying life insurance, 2006
- Analysis of specific distribution channels forecast to be used for buying life insurance, 2006
- Key factors determining choice of distribution channel for buying life insurance, 2006