Umbrella Insurance Market by Coverage, Distribution Channel, End-user: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: UMBRELLA INSURANCE MARKET, BY COVERAGE
4.1 Overview
4.1.1 Market size and forecast
4.2 Bodily Injury
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Property Damage
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4 Personal Liability
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
4.5 Lawsuit
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market share analysis by country

CHAPTER 5: UMBRELLA INSURANCE MARKET, BY DISTRIBUTION CHANNEL
5.1 Overview
5.1.1 Market size and forecast
5.2 Insurance Agents and Brokers
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 Direct Response
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4 Banks
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
5.5 Others
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market share analysis by country

CHAPTER 6: UMBRELLA INSURANCE MARKET, BY END USER
6.1 Overview
6.1.1 Market size and forecast
6.2 Personal
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Business
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country

CHAPTER 7: UMBRELLA INSURANCE MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Coverage
7.2.3 North America Market size and forecast, by Distribution Channel
7.2.4 North America Market size and forecast, by End User
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Key market trends, growth factors and opportunities
7.2.5.1.2 Market size and forecast, by Coverage
7.2.5.1.3 Market size and forecast, by Distribution Channel
7.2.5.1.4 Market size and forecast, by End User
7.2.5.2 Canada
7.2.5.2.1 Key market trends, growth factors and opportunities
7.2.5.2.2 Market size and forecast, by Coverage
7.2.5.2.3 Market size and forecast, by Distribution Channel
7.2.5.2.4 Market size and forecast, by End User
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Coverage
7.3.3 Europe Market size and forecast, by Distribution Channel
7.3.4 Europe Market size and forecast, by End User
7.3.5 Europe Market size and forecast, by country
7.3.5.1 UK
7.3.5.1.1 Key market trends, growth factors and opportunities
7.3.5.1.2 Market size and forecast, by Coverage
7.3.5.1.3 Market size and forecast, by Distribution Channel
7.3.5.1.4 Market size and forecast, by End User
7.3.5.2 Germany
7.3.5.2.1 Key market trends, growth factors and opportunities
7.3.5.2.2 Market size and forecast, by Coverage
7.3.5.2.3 Market size and forecast, by Distribution Channel
7.3.5.2.4 Market size and forecast, by End User
7.3.5.3 France
7.3.5.3.1 Key market trends, growth factors and opportunities
7.3.5.3.2 Market size and forecast, by Coverage
7.3.5.3.3 Market size and forecast, by Distribution Channel
7.3.5.3.4 Market size and forecast, by End User
7.3.5.4 Italy
7.3.5.4.1 Key market trends, growth factors and opportunities
7.3.5.4.2 Market size and forecast, by Coverage
7.3.5.4.3 Market size and forecast, by Distribution Channel
7.3.5.4.4 Market size and forecast, by End User
7.3.5.5 Spain
7.3.5.5.1 Key market trends, growth factors and opportunities
7.3.5.5.2 Market size and forecast, by Coverage
7.3.5.5.3 Market size and forecast, by Distribution Channel
7.3.5.5.4 Market size and forecast, by End User
7.3.5.6 Rest of Europe
7.3.5.6.1 Key market trends, growth factors and opportunities
7.3.5.6.2 Market size and forecast, by Coverage
7.3.5.6.3 Market size and forecast, by Distribution Channel
7.3.5.6.4 Market size and forecast, by End User
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Coverage
7.4.3 Asia-Pacific Market size and forecast, by Distribution Channel
7.4.4 Asia-Pacific Market size and forecast, by End User
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Key market trends, growth factors and opportunities
7.4.5.1.2 Market size and forecast, by Coverage
7.4.5.1.3 Market size and forecast, by Distribution Channel
7.4.5.1.4 Market size and forecast, by End User
7.4.5.2 Japan
7.4.5.2.1 Key market trends, growth factors and opportunities
7.4.5.2.2 Market size and forecast, by Coverage
7.4.5.2.3 Market size and forecast, by Distribution Channel
7.4.5.2.4 Market size and forecast, by End User
7.4.5.3 India
7.4.5.3.1 Key market trends, growth factors and opportunities
7.4.5.3.2 Market size and forecast, by Coverage
7.4.5.3.3 Market size and forecast, by Distribution Channel
7.4.5.3.4 Market size and forecast, by End User
7.4.5.4 Australia
7.4.5.4.1 Key market trends, growth factors and opportunities
7.4.5.4.2 Market size and forecast, by Coverage
7.4.5.4.3 Market size and forecast, by Distribution Channel
7.4.5.4.4 Market size and forecast, by End User
7.4.5.5 South Korea
7.4.5.5.1 Key market trends, growth factors and opportunities
7.4.5.5.2 Market size and forecast, by Coverage
7.4.5.5.3 Market size and forecast, by Distribution Channel
7.4.5.5.4 Market size and forecast, by End User
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Key market trends, growth factors and opportunities
7.4.5.6.2 Market size and forecast, by Coverage
7.4.5.6.3 Market size and forecast, by Distribution Channel
7.4.5.6.4 Market size and forecast, by End User
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Coverage
7.5.3 LAMEA Market size and forecast, by Distribution Channel
7.5.4 LAMEA Market size and forecast, by End User
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Key market trends, growth factors and opportunities
7.5.5.1.2 Market size and forecast, by Coverage
7.5.5.1.3 Market size and forecast, by Distribution Channel
7.5.5.1.4 Market size and forecast, by End User
7.5.5.2 Middle East
7.5.5.2.1 Key market trends, growth factors and opportunities
7.5.5.2.2 Market size and forecast, by Coverage
7.5.5.2.3 Market size and forecast, by Distribution Channel
7.5.5.2.4 Market size and forecast, by End User
7.5.5.3 Africa
7.5.5.3.1 Key market trends, growth factors and opportunities
7.5.5.3.2 Market size and forecast, by Coverage
7.5.5.3.3 Market size and forecast, by Distribution Channel
7.5.5.3.4 Market size and forecast, by End User

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 CNA
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 GEICO
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Farmers
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Insureon
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Tata AIG General Insurance Company Limited
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Nationwide
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 NerdWallet
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Progressive Casualty Insurance Company
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 The Hartford
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Travelers
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments

List of Tables
Table 1. Global Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 2. Umbrella Insurance Market for Bodily Injury, by Region, 2021-2031 (Revenue, $Million)
Table 3. Umbrella Insurance Market for Bodily Injury, by Country, 2021-2031 (Revenue, $Million)
Table 4. Umbrella Insurance Market for Property Damage, by Region, 2021-2031 (Revenue, $Million)
Table 5. Umbrella Insurance Market for Property Damage, by Country, 2021-2031 (Revenue, $Million)
Table 6. Umbrella Insurance Market for Personal Liability, by Region, 2021-2031 (Revenue, $Million)
Table 7. Umbrella Insurance Market for Personal Liability, by Country, 2021-2031 (Revenue, $Million)
Table 8. Umbrella Insurance Market for Lawsuit, by Region, 2021-2031 (Revenue, $Million)
Table 9. Umbrella Insurance Market for Lawsuit, by Country, 2021-2031 (Revenue, $Million)
Table 10. Global Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 11. Umbrella Insurance Market for Insurance Agents and Brokers, by Region, 2021-2031 (Revenue, $Million)
Table 12. Umbrella Insurance Market for Insurance Agents and Brokers, by Country, 2021-2031 (Revenue, $Million)
Table 13. Umbrella Insurance Market for Direct Response, by Region, 2021-2031 (Revenue, $Million)
Table 14. Umbrella Insurance Market for Direct Response, by Country, 2021-2031 (Revenue, $Million)
Table 15. Umbrella Insurance Market for Banks, by Region, 2021-2031 (Revenue, $Million)
Table 16. Umbrella Insurance Market for Banks, by Country, 2021-2031 (Revenue, $Million)
Table 17. Umbrella Insurance Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 18. Umbrella Insurance Market for Others, by Country, 2021-2031 (Revenue, $Million)
Table 19. Global Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 20. Umbrella Insurance Market for Personal, by Region, 2021-2031 (Revenue, $Million)
Table 21. Umbrella Insurance Market for Personal, by Country, 2021-2031 (Revenue, $Million)
Table 22. Umbrella Insurance Market for Business, by Region, 2021-2031 (Revenue, $Million)
Table 23. Umbrella Insurance Market for Business, by Country, 2021-2031 (Revenue, $Million)
Table 24. Umbrella Insurance Market, by Region, 2021-2031 (Revenue, $Million)
Table 25. North America Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 26. North America Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 27. North America Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 28. North America Umbrella Insurance Market, by Country, 2021-2031 (Revenue, $Million)
Table 29. U.S. Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 30. U.S. Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 31. U.S. Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 32. Canada Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 33. Canada Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 34. Canada Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 35. Europe Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 36. Europe Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 37. Europe Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 38. Europe Umbrella Insurance Market, by Country, 2021-2031 (Revenue, $Million)
Table 39. UK Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 40. UK Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 41. UK Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 42. Germany Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 43. Germany Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 44. Germany Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 45. France Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 46. France Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 47. France Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 48. Italy Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 49. Italy Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 50. Italy Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 51. Spain Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 52. Spain Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 53. Spain Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 54. Rest of Europe Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 55. Rest of Europe Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 56. Rest of Europe Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 57. Asia-Pacific Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 58. Asia-Pacific Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 59. Asia-Pacific Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 60. Asia-Pacific Umbrella Insurance Market, by Country, 2021-2031 (Revenue, $Million)
Table 61. China Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 62. China Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 63. China Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 64. Japan Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 65. Japan Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 66. Japan Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 67. India Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 68. India Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 69. India Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 70. Australia Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 71. Australia Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 72. Australia Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 73. South Korea Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 74. South Korea Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 75. South Korea Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 76. Rest of Asia-Pacific Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 77. Rest of Asia-Pacific Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 78. Rest of Asia-Pacific Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 79. LAMEA Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 80. LAMEA Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 81. LAMEA Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 82. LAMEA Umbrella Insurance Market, by Country, 2021-2031 (Revenue, $Million)
Table 83. Latin America Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 84. Latin America Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 85. Latin America Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 86. Middle East Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 87. Middle East Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 88. Middle East Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 89. Africa Umbrella Insurance Market, by Coverage, 2021-2031 (Revenue, $Million)
Table 90. Africa Umbrella Insurance Market, by Distribution Channel, 2021-2031 (Revenue, $Million)
Table 91. Africa Umbrella Insurance Market, by End-user, 2021-2031 (Revenue, $Million)
Table 92. Cna: Company Snapshot
Table 93. Cna: Operating Segments
Table 94. Cna: Product Portfolio
Table 95. Cna: Net Sales
Table 96. Cna: Key Stratergies
Table 97. Geico: Company Snapshot
Table 98. Geico: Operating Segments
Table 99. Geico: Product Portfolio
Table 100. Geico: Net Sales
Table 101. Geico: Key Stratergies
Table 102. Farmers: Company Snapshot
Table 103. Farmers: Operating Segments
Table 104. Farmers: Product Portfolio
Table 105. Farmers: Net Sales
Table 106. Farmers: Key Stratergies
Table 107. Insureon: Company Snapshot
Table 108. Insureon: Operating Segments
Table 109. Insureon: Product Portfolio
Table 110. Insureon: Net Sales
Table 111. Insureon: Key Stratergies
Table 112. Tata Aig General Insurance Company Limited: Company Snapshot
Table 113. Tata Aig General Insurance Company Limited: Operating Segments
Table 114. Tata Aig General Insurance Company Limited: Product Portfolio
Table 115. Tata Aig General Insurance Company Limited: Net Sales
Table 116. Tata Aig General Insurance Company Limited: Key Stratergies
Table 117. Nationwide: Company Snapshot
Table 118. Nationwide: Operating Segments
Table 119. Nationwide: Product Portfolio
Table 120. Nationwide: Net Sales
Table 121. Nationwide: Key Stratergies
Table 122. Nerdwallet: Company Snapshot
Table 123. Nerdwallet: Operating Segments
Table 124. Nerdwallet: Product Portfolio
Table 125. Nerdwallet: Net Sales
Table 126. Nerdwallet: Key Stratergies
Table 127. Progressive Casualty Insurance Company: Company Snapshot
Table 128. Progressive Casualty Insurance Company: Operating Segments
Table 129. Progressive Casualty Insurance Company: Product Portfolio
Table 130. Progressive Casualty Insurance Company: Net Sales
Table 131. Progressive Casualty Insurance Company: Key Stratergies
Table 132. The Hartford: Company Snapshot
Table 133. The Hartford: Operating Segments
Table 134. The Hartford: Product Portfolio
Table 135. The Hartford: Net Sales
Table 136. The Hartford: Key Stratergies
Table 137. Travelers: Company Snapshot
Table 138. Travelers: Operating Segments
Table 139. Travelers: Product Portfolio
Table 140. Travelers: Net Sales
Table 141. Travelers: Key Stratergies

List of Figures
Figure 1. Umbrella Insurance Market Segmentation
Figure 2. Umbrella Insurance Market, 2021-2031
Figure 3. Umbrella Insurance Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Umbrella Insurance Market: Drivers, Restraints and Opportunities
Figure 12. Umbrella Insurance Market, by Coverage, 2021 (%)
Figure 13. Comparative Share Analysis of Bodily Injury Umbrella Insurance Market, 2021-2031 (%)
Figure 14. Comparative Share Analysis of Property Damage Umbrella Insurance Market, 2021-2031 (%)
Figure 15. Comparative Share Analysis of Personal Liability Umbrella Insurance Market, 2021-2031 (%)
Figure 16. Comparative Share Analysis of Lawsuit Umbrella Insurance Market, 2021-2031 (%)
Figure 17. Umbrella Insurance Market, by Distribution Channel, 2021 (%)
Figure 18. Comparative Share Analysis of Insurance Agents and Brokers Umbrella Insurance Market, 2021-2031 (%)
Figure 19. Comparative Share Analysis of Direct Response Umbrella Insurance Market, 2021-2031 (%)
Figure 20. Comparative Share Analysis of Banks Umbrella Insurance Market, 2021-2031 (%)
Figure 21. Comparative Share Analysis of Others Umbrella Insurance Market, 2021-2031 (%)
Figure 22. Umbrella Insurance Market, by End-user, 2021 (%)
Figure 23. Comparative Share Analysis of Personal Umbrella Insurance Market, 2021-2031 (%)
Figure 24. Comparative Share Analysis of Business Umbrella Insurance Market, 2021-2031 (%)
Figure 25. Umbrella Insurance Market by Region, 2021
Figure 26. U.S. Umbrella Insurance Market, 2021-2031 ($Million)
Figure 27. Canada Umbrella Insurance Market, 2021-2031 ($Million)
Figure 28. Uk Umbrella Insurance Market, 2021-2031 ($Million)
Figure 29. Germany Umbrella Insurance Market, 2021-2031 ($Million)
Figure 30. France Umbrella Insurance Market, 2021-2031 ($Million)
Figure 31. Italy Umbrella Insurance Market, 2021-2031 ($Million)
Figure 32. Spain Umbrella Insurance Market, 2021-2031 ($Million)
Figure 33. Rest of Europe Umbrella Insurance Market, 2021-2031 ($Million)
Figure 34. China Umbrella Insurance Market, 2021-2031 ($Million)
Figure 35. Japan Umbrella Insurance Market, 2021-2031 ($Million)
Figure 36. India Umbrella Insurance Market, 2021-2031 ($Million)
Figure 37. Australia Umbrella Insurance Market, 2021-2031 ($Million)
Figure 38. South Korea Umbrella Insurance Market, 2021-2031 ($Million)
Figure 39. Rest of Asia-Pacific Umbrella Insurance Market, 2021-2031 ($Million)
Figure 40. Latin America Umbrella Insurance Market, 2021-2031 ($Million)
Figure 41. Middle East Umbrella Insurance Market, 2021-2031 ($Million)
Figure 42. Africa Umbrella Insurance Market, 2021-2031 ($Million)
Figure 43. Top Winning Strategies, by Year
Figure 44. Top Winning Strategies, by Development
Figure 45. Top Winning Strategies, by Company
Figure 46. Product Mapping of Top 10 Players
Figure 47. Competitive Dashboard
Figure 48. Competitive Heatmap of Top 10 Key Players
Figure 49. Cna.: Net Sales ($Million)
Figure 50. Geico.: Net Sales ($Million)
Figure 51. Farmers.: Net Sales ($Million)
Figure 52. Insureon.: Net Sales ($Million)
Figure 53. Tata Aig General Insurance Company Limited.: Net Sales ($Million)
Figure 54. Nationwide.: Net Sales ($Million)
Figure 55. Nerdwallet.: Net Sales ($Million)
Figure 56. Progressive Casualty Insurance Company.: Net Sales ($Million)
Figure 57. The Hartford.: Net Sales ($Million)
Figure 58. Travelers.: Net Sales ($Million)

Executive Summary

According to the report titled, “Umbrella Insurance Market," The umbrella insurance market was valued at $72.5 billion in 2021, and is estimated to reach $170.7 billion by 2031, growing at a CAGR of 9.2% from 2022 to 2031.

Umbrella insurance is extra insurance that provides protection beyond existing limits and coverages of other policies. It offers an extra measure of protection to those who run the possibility of being held liable for injuries sustained by third parties or property damage caused by them in an accident.

There is an increase in the demand for umbrella insurance as it minimizes business risk. Umbrella insurance provides different advantages for businesses, which help to stay protected from various types of risks. In addition, the ease of settling claims and rise in consumer awareness among the people are driving the growth of the market. However, surge in fraudulent activities and lack of knowledge about umbrella insurance policies have emerged as key industry problems.

The market also offers growth opportunities to the key players in the market. Surge in number of small firms and technology improvements in the insurance industry are likely to propel the growth of the umbrella insurance market. In addition, predictive analytics is used by several umbrella insurers to collect data to fully understand and estimate corporate risks and losses. By delivering advanced services, such as quick and convenient insurance policies with reduced premium rates, the use of technology is aimed to promote client loyalty and expand the company's market position.

The umbrella insurance market is segmented on the basis of coverage, distribution channel, and end user. By coverage, it is segmented into bodily injury, property damage, personal liability and lawsuit. By distribution channel, it is bifurcated into insurance agents, direct response, banks and others. By end user, it is segmented into personal and business. Region wise, it is analyzed across North America (the U.S., and Canada), Europe (UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

The key players profiled in the study CNA, GEICO, Insureon, NerdWallet, Nationwide, Progressive Casualty Insurance Company, Tata AIG General Insurance Company Limited, The Hartford and Travelers. The players in the market have been actively engaged in the adoption various strategies such as business expansion, product launch, and partnership to remain competitive and gain advantage over the competitors in the market. For instance, In February 2021, Umbrella Network announced a partnership with Bridge Mutual, a decentralized peer-to-peer discretionary coverage platform for digital assets. Through the partnership, Umbrella Network will provide secure and scalable price feed data to Bridge Mutual’s platform. With the help of this partnership, the companies delivered more personal approach to umbrella insurance that build customer and bank relationship, which provided a strategic advantage to the company and the umbrella insurance market size.

Key Market Insights

• By coverage, the bodily injury segment was the highest revenue contributor to the market, and is estimated to reach $59,110.30 million by 2031, with a CAGR of 7.4%. However, the lawsuit segment is estimated to be the fastest growing segment with the CAGR of 13.3% during the forecast period.
• By distribution channel, the insurance agents and brokers segment dominated the global market, and is estimated to reach $56,451.48 million by 2031, with a CAGR of 6.0%. However, the direct response segment is expected to be the fastest growing segment during the umbrella insurance market forecast.
• Based on end user, the personal segment was the highest revenue contributor to the market, with $46,983.24 million in 2021, and is estimated to reach $98,835.94 million by 2031, with a CAGR of 8.0%.
• Based on region, North America was the highest revenue contributor, accounting for $27,552.10 million in 2021, and is estimated to reach $54,056.69 million by 2031, with a CAGR of 7.3%.

Companies Mentioned

• Progressive Casualty Insurance Company
• The Hartford
• Travelers
• Nationwide
• NerdWallet
• CNA
• GEICO
• Farmers
• Insureon
• Tata AIG General Insurance Company Limited

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.