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UK Insurance Sentiment Index

Consumer Duty Edition | 2024

Key metrics

25%

Industry Net Sentiment

66%

Highest overall Net Sentiment: 1st Central

-33%

Lowest Net Sentiment: Direct Line

The 2024 DataEQ UK Insurance: Consumer Duty Index, analysed over 300 000 consumer online posts from X and Trustpilot, from 1 July 2023 – 30 June 2024 shedding light on whether or not insurers are delivering on customer expectation as set out in Consumer Duty.

Insurers included in this year’s study:  1st Central, Admiral, Aviva, Axa, Direct Line, Hastings Direct, Policy Expert and NFU Mutual

Screenshot 2024-09-26 at 16.48.12

1st Central

topped the overall and Consumer Duty Net Sentiment rankings

 


Consumer duty contribution to overall conversation-uk insurance index 2024

5 out of 10 mentions

on social media referenced a potential Consumer Duty theme 

 

Content featured in report:

  • The prevalence of Consumer Duty conversation on social media and review sites
  • Consumer Duty brand ranking per outcome, why is leading and who is lagging behind 
  • Root cause analysis per outcomes - what is driving complaints and praise 
  • Trustpilot effect - how review sites are boosting public sentiment 
  • Invited feedback masking operational failings - unpacking the underlying customer service challenges

For more information on what factors are driving customer experience & service towards the UK's leading insurers – download the full report