Aviva and Darwin partnership gives an indication for the future of motor insurance
The recent partnership between Aviva and Darwin Innovation Group focusing on the use of autonomous vehicles, in this instance shuttle buses, is a step towards the future of mobility and...
Insurtechs’ recent funding rounds signal their success in insurance
Investment in insurtech grew strongly between 2018 and 2019,funding rounds galore, and looked set to continue thriving until the pandemic...
Exploring the Fund of Fund markets in the US, UK and Australia
Fund of Funds are growing in popularity as part of the worldwide default structure of many collective vehicles for long...
Fewer customers will be incentivised to switch at renewal as FCA lays out new rules
The Financial Conduct Authority (FCA) has announced new rules that, when implemented next January, will aim to shake up the...
Industry’s first virtual employee helps customers with motor insurance as emotional intelligence humanises AI
Australia’s AAMI, a subsidiary of Suncorp, has become the first insurer worldwide to trial a virtual assistant to help customers...
Latest News
Acrisure Re launches new cyber reinsurance division
Acrisure Re, the reinsurance division of global insurance broker Acrisure, has launched a London-based cyber reinsurance division in partnership with…
FIG teams up with Carson to offer insurance solutions
Financial Independence Group (FIG) has teamed up with Carson Group to power the latter’s insurance solutions. The strategic partnership aims…
BKS Partners and MSI to acquire RogersGray
Baldwin Krystyn Sherman Partners (BKS Partners) and Millennial Specialty Insurance, (MSI), both of which are an indirect subsidiary of BRP…
India’s LIC looking to raise $3.41bn from anchor investors before IPO
Indian government is reportedly planning to bring in a group of anchor investors to invest up to $3.41bn (INR250bn) in Life…
Features
Likely mortality impacts of the post-pandemic recession
As the pandemic has progressed, collective minds have shifted their focus from the direct mortality impacts of Covid-19 to the longer-term implications. One of the...
Auto insurance automated – how technology is driving the industry into the future
It’s no secret, applying for motor insurance is seen as a cumbersome and time-consuming process that very often leads to confusion about what is (or...
Insurance and insurtech in 2021: full steam ahead?
2020 was a year dominated by a global pandemic. While it has not left the news, particularly in places such as the UK, insurance has...
Driving the UK economy forward – one van at a time
Almost one year into lockdown and with no end to restrictions likely for the foreseeable future, the outlook for many does seem bleak. But there...
Zurich utilising AI to create jobs, not lose them
Usually, artificial intelligence (AI) and machine learning is associated with job losses as people are replaced by machines. Insurer Zurich has decided to go in...
How insurance providers can drive change in health and fitness
Since March 2020, the UK government has implemented measures to alleviate the pressure on the NHS and a new health strategy, alongside ongoing social distancing...
Can AI and machine learning make the insurance experience a joy?
Insurance has often been regarded as an unwieldy process. However, with developments in artificial intelligence (AI), could the insurance experience be ready for a change?...
The need for speed in a post-Covid-19 automotive insurance market
If there is one positive to take from the coronavirus pandemic, it’s that businesses have found more innovative and creative ways to not only survive...
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Expert Commentary & Analysis
View MoreCovid-19 biggest influencers in insurance in Q1 2021: The top individuals to follow
Using research from GlobalData’s Influencer platform, Life Insurance International has named ten of the most influential people in relation to Covid-19 and insurance on Twitter during Q1 2021. Covid-19 biggest…
Cybersecurity in Insurance: Insurance Challenges
Cybersecurity has gained in importance as insurance has seen a shift towards digitalisation in the past few years, increasing the opportunity for cyberattacks. Insurers should be aware of the security…
COVID-19 has changed individuals’ preferences for advice on investments
Findings from GlobalData’s 2020 and 2021 UK Life and Pensions Surveys reveal that fewer UK consumers are seeking advice on their investments. However, robo-advice has seen an increase in popularity…
Insurtech unicorn Shift Technology offers up an innovative approach to tackling insurance fraud
French insurtech Shift Technology, a unicorn focusing on insurance fraud, was valued at over $1bn following its latest round of funding. The AI start-up offers insurance companies a set of…