The decumulation market: the barriers and opportunities to future growth
Decumulation has brought high growth and high returns to many UK life insurers. Waheeda Narker, retirement & decumulation segment lead,…
Analysis
-
-
The closure of bank branches may lead to less insurance purchased via the bank channel
Barclays has announced it is set to close more branches in 2023 and GlobalData surveying suggests this may significantly affect…
-
Aviva and QBE offer strong cyber coverage but can still grow their market shares
Aviva and QBE should capitalise on the high level of cyber-based concern from SMEs due to their standout coverage and…
-
Direct Line’s outdated distribution model may be holding it back in the digital era
Direct Line’s reliance on the phone method of insurance distribution may be alienating it from younger consumers. The insurer recorded…
-
Genetic testing: sharing results with insurers divides life insurance customers
UK term assurance customers are generally averse to sharing the results of predictive genetic tests with their life insurer according…
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
-
Hiscox’s new digital trading extranet may help it attract more business with brokers
Hiscox has created and launched a full-cycle digital trading extranet for its broking partners as GlobalData surveying has found that…
-
Insurer reputation as important as pricing for SMEs in business interruption cover
UK SMEs consider insurer pricing consideration, level of cover, and reputation as equally important when choosing a new provider for…
-
Increasing rebuild costs may result in many homeowners becoming underinsured
Rebuilding Costs Index: Homeowners Insurance Keeps Up Inflation and supply chain issues have caused rebuilding costs to soar, yet GlobalData…
-
Room for growth within pet market for utilisation of remote/video vet consultation services
GlobalData surveying has found that the vast majority of pet customers have never used a remote/video vet consultation service before…
-
Tesla prepares for an in-house UK insurance launch that could disrupt the electric vehicle market
Tesla Shakes Up UK Insurance Market Tesla is getting ready to start covering British drivers by establishing its own London-based…
