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List of the top 10 biggest insurance companies in the UK in 2022. Wondering which insurance company will dominate the UK market in 2022? Well, we have answers for you. As of 2022 today, we have 362 insurance companies in the UK existing in the market. In today’s post, we are giving guidance based on our analysis and it is meant for you to identify options and narrow down your choices, especially when it comes to the top 10.
Biggest insurance company in the UK
Primarily, Legal and General Group, headquartered in London, is the largest life insurance provider company in the UK. However, Aviva plc is the leading life and general insurer in the UK in 2022 today. It is closely followed by RSA Insurance Group as the second-largest life and general insurance provider.
With so many car insurance companies in the UK, Direct Line is the leading insurer with the best coverage, an efficient claims process, and an excellent level of customer service.
Admiral and Aviva Insurance Companies follow in the second and third places, respectively, as the best car insurers in the UK.
Besides that, according to facts and statistics on insurance companies’ rankings generally, State Farm is leading as of 2022.
Who are the top 10 best insurance companies in the UK in 2022?
First and foremost, based on new individual life insurance sales, Legal & General Group is the best insurance provider in the UK in 2022. The company offers a variety of services, from home insurance, pet insurance, retirement products, term, and whole life insurance, and many more. The company boasts a market capitalization of GBP 17 billion and total assets of £ 570.565 billion.
Despite that, customers should note that it’s not the largest when it comes to general insurance. In this case, Aviva plc is the leading insurer in general insurance, serving about 32 million customers worldwide. RSA Insurance Group is the second-largest, offering a wide array of personal, commercial, and specialty insurance services.
If you are seeking the right insurer for you today in the UK, then we have been considerate enough, and outlined below is a list of the top 10 best and biggest insurance companies in the UK 2022.
Top 10 Biggest Insurance Companies in the UK 2022
- Legal and General Group Insurance Company, UK.
- Aviva Insurance Company, UK.
- RSA Insurance Company, UK.
- Directline Insurance Company, UK.
- Allianz Insurance Company, UK.
- Phoenix Group Insurance Company, UK.
- Liverpool Victoria Insurance Company, UK.
- Bupa Insurance Company, UK.
- Royal London Insurance Company, UK. And finally on the list of the top 10 biggest insurance companies in the UK in 2022,
- Admiral Group Insurance Company, UK.
Lastly, if you are looking for reliable insurance companies to insure yourself in and out of the UK, the above list shout is considerate on either of the above.
Even so, here are other honorable mentions of other insurance companies in the UK right now; AXA, Ageas, Aegon, AIG UK, and NFU Mutual.
In case you missed our previous post, here are the best health insurance companies in Belgium in the current year. We shall keep you posted and updated on more exciting top 10s.