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Impact of RSA’s withdrawal on home insurance market

home-property-management

The UK home insurance market has seen a steady decline in both provider brands and product numbers over the last 10 years, according to Angela Pilley, insight consultant for general insurance at Defaqto.

Despite there being almost a third fewer provider brands offering buildings insurance than in 2014 and 25% fewer offering contents insurance, it is still a highly competitive marketplace.

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