Slice of the pie

Growing the market vs market share

Cameron Roberts
clock • 6 min read

Cameron Roberts, editor, COVER, uncovers the difficulties in growing the protection and health market and the impact of a market share centric status quo on consumers.

Being relatively new to protection, viewing statistics from the industry, it puzzled me why market share was a measure of success in comparison to growing the market. Having asked many people as to why this is, several will wax lyrical about the difficulties of expanding the market, many with tales of previous attempts at ad campaigns doomed to the footnotes of history. I spoke to Tom Baigrie, chair, LifeSearch; Kevin Carr, MD, Carr Consulting; and Karla Edwards, director, The Protection Parent, about how the value chain can grow the customer base and what impact a focus on market sha...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Insurer

Exclusive: Defaqto releases service ratings for protection providers

Exclusive: Defaqto releases service ratings for protection providers

10 gold rated insurers

Cameron Roberts
clock 02 April 2026 • 2 min read
New head of distribution and proposition for WPA

New head of distribution and proposition for WPA

Kathryn Vellacott to assume the role

Cameron Roberts
clock 01 April 2026 • 1 min read
Freedom Health Insurance launches physiotherapy service

Freedom Health Insurance launches physiotherapy service

Partnership with Ascenti Physio

Jaskeet Briah
clock 01 April 2026 • 1 min read