Consumers are unlawfully cancelling motor insurance policies amid the cost-of-living crisis
The challenging economic environment in the UK is pushing some consumers to take on significant levels of financial risk, with…
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Analysis
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Analysis
More than half of UK employees do not anticipate returning to an office-based working model in 2022
Increasing consumer demand for flexible working models, not just in an office, will present challenges and opportunities for insurers. One…
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Zurich-Mondelez dispute could be the start of many legal cases as SMEs take out cyber cover due to Russia/Ukraine conflict
Cyberattacks instigated by Russia could be set to cause more disputes between businesses and insurers following the Zurich-Mondelez case. GlobalData…
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Almost a quarter of consumers find low premiums an essential feature of private medical insurance
More individuals are re-evaluating their insurance due to the cost-of-living crisis. In some cases, this means cancelling policies. National Friendly…
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Over half of UK consumers may be open to paying higher premiums to insurers seen as leaders in sustainability
A significant proportion of UK consumers would be willing to pay higher premiums to insurers with good records on sustainability.…
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Travel and pet insurance policies are most frequently cancelled as consumers cut costs
11.1% of travel insurance customers cancelled their policy over the past 12 months as a cost-saving measure amid the UK’s…
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SMEs need to increase cyber cover as they cannot afford disruption in current macroeconomic conditions
GlobalData findings suggest that SMEs are more wary about the threat of cyberattacks than they were in 2021, but Aviva’s…
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EE’s Verisure partnership could facilitate its launch of a smart home insurance product
Out of all affinity providers, UK consumers are most open to purchasing gadget insurance from a mobile network operator according…
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