SWOT Analysis of Aegon with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis
|
Aegon |
|
|
Parent Company |
Aegon Group |
|
Category |
Diversified Insurance |
|
Sector |
|
|
Tagline/ Slogan |
Transform Tomorrow |
|
USP |
Understanding the customers' pension or insurance needs and enabling an ongoing and direct dialogue with them to serve their needs at whatever stage in their life they are |
|
Aegon STP |
|
|
Segment |
Life insurance, Pensions, and Asset management |
|
Target Group |
Individuals, Families, Companies, Pension funds, Institutions |
|
Positioning |
A company that provides long term financial security to people’s lives |
|
Aegon SWOT Analysis |
|
|
Strengths |
1. The company has a global presence with strong market position in key markets. 2. The company maintains multiple distribution channels to sell its products and hence is exposed to a reduced distribution risk. 3. The company’s strong and increasing capital strength has made it resilient to the market developments with a strong balance sheet. 4. It has expertise in life insurance, asset management and pension 5. Nearly 24000 employees are a part of the workforce |
|
Weaknesses |
1. The group has significant exposure to risky sovereign debt related to European countries. 2. The company is highly dependent on the American market for generating its profits. |
|
Opportunities |
1. The ageing population in the American market poses a huge opportunity for the retirement market. 2. The company finds great opportunity in the Chinese and Indian insurance market. 3. The company has been focusing on its core businesses in order to avoid any fluctuations in the financial markets affecting it. |
|
Threats |
1. The subprime crisis has resulted in a low policy interest rate environment. 2. There is going to be a likely increase in competition for capital for the company due to Solvency II adoption. 3. There is an increase in strictness in the regulatory compliance and complexity in the US market leading to increase in costs. |
|
Aegon Competition |
|
|
Competitors |
1. Aviva Plc. 2. AXA 3. Hartford Financial Services Group 4. Munich Re 5. Prudential Plc. |
The brandguide table above concludes the Aegon SWOT analysis along with its marketing and brand parameters. Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry.
Browse marketing analysis of more brands and companies similar to Aegon. The BrandGuide section covers SWOT Analysis, USP, STP & Competition of more than 6000 brands from over 20 categories.
Search & Explore : BrandGuide
Quizzes!
Related Business Content
Top Companies Lists 2018
All Sections on MBASkool
Write for Us!
