Legal and General Group SWOT Analysis, Competitors, STP & USP

Legal and general group

Health care

Banking & Financial Services

Every day matters

We are helping you plan and build your future

Financial services

Investment management, risk, savings, international, and group capital and financing

The business is built on financial strength and a diverse business spread that makes the company one of the leading financial services companies.

Below are the Strengths in the SWOT Analysis of Legal and General Group:

1. Strong market position in the UK financial services industry
2. Multi-channel distribution capabilities increasing market penetration and enhances revenues
3. Comprehensive product portfolio insulating business risk
4. Customer base of around 7 million

Here are the weaknesses in the Legal and General Group SWOT Analysis:

1. Revenue susceptible to investment market volatility
2. High concentration on the UK market increasing business risk
3.Competitive industry – Need to continuously stay ahead of competitor offerings

Following are the Opportunities in Legal and General Group SWOT Analysis:

1. Expansion of business protection insurance likely to increase revenues
2. Positive outlook of asset management industry
3. Opportunities in growing Asia-Pacific insurance market

The threats in the SWOT Analysis of Legal and General Group are as mentioned:

1. Delay in Solvency II implementation could double compliance costs
2. Insurance frauds likely to increase claim losses
3. Weak outlook for equity markets could put pressure on industry capital position

Below are the top 3 Legal and General Group competitors:

1.AXA
2.Prudential Plc
3.RBS Insurance