Industry Analysis & Industry Trends
Back-up plan
The Accidental Death and Dismemberment (AD&D) Insurance industry suffered during the recession as employment rates dropped and per capita disposable income decreased. As companies closed or laid off workers, there was less opportunity for Americans to purchase AD&D insurance plans. However, as the economy recovers, more businesses will open, providing the US with more employment opportunities, thus increasing the need for AD&D insurance. As industry profit margins increase, companies will try to expand into emerging economies where accidental death and dismemberment are more frequent. Despite a positive outlook, as more women enter the workforce, households will have less financial vulnerability, which will prove a challenge for the industry.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The US AD&D insurance industry has low market share concentration, as the top four AD&D insurers in the United States account for less than 30.0% of industry revenue in 2012. Over the five years to 2017, concentration is expected to increase as larger firms acquire smaller operators in an attempt to increase market share and expand services.
Concentration based on company structure
The four main types of insurers in the United States include stock-owned entities, mutual companies, fraternal organizations and federal agencies. However, most insurers are organized as either stock or mutual companies. Stock insurers issue stock and are owned by their stockholders, while mutual companies are legally owned by their policyholders and consequently do not issue stock. Sto... purchase to read more