esure Group has a range of opportunities to grow across its business.
In insurance, the business has approximately a 5% market share of the motor insurance market in the UK and approximately 2% of the home insurance market. Market share has been achieved from a relatively narrow risk selection where historically we have quoted for around 40% of the UK motor and home insurance markets. There are growth opportunities within our current risk criteria and, furthermore, we are widening our risk appetite to offer competitively priced insurance products to a broader range of customers.
The Group targets growth when the environment allows for profitable growth, balancing this with discipline at other times within the rating cycle.