Defaqto research

Insurers will struggle in the current competitive market to increase premiums and retain customers, according to research company Defaqto. In its fourth annual report into the UK home insurance market, Defaqto said that, with a massive range of products available, insurers needed to differentiate themselves from their competitors. Brian Brown, head of insurance at Defaqto, said: "We expect to see most growth in the mid net worth market. Looking ahead, it likely that the banks will be the big