LexisNexis® Insurance Demand Meter U.K.

To help inform insurer business strategies tied to acquisition and retention trends, LexisNexis® Risk Solutions is pleased to offer the LexisNexis® Insurance Demand Meter U.K., a biannual report that provides insights into U.K. motor insurance trends. The report compiles data on actual consumer activity to offer a market-wide analysis of the dynamics impacting performance across the U.K. motor insurance market.

Insurance decision makers can understand the macro trends pertaining to:

• Shopping and switching rates
• Cancellation trends
• New policy growth

In H1 2025, as premiums eased, motor insurance shopping and switching activity declined, following a very active 2024. The decrease in insurance premiums appears to have given smaller providers more power to compete as they saw a 30% rise in new customers switching from the Top Ten in H1 2025 compared to the same period in 2024. However, these businesses dealt with higher cancellation volumes than their bigger rivals. Insurance providers have also seen the average car value fall by close to £500 demonstrating the increasing importance of vehicle centric data to understand risk for accurate and fair pricing.

Click on the link to access the report for additional analysis on the dynamics impacting the motor insurance market today.