All articles by GlobalData Financial

GlobalData Financial

Younger drivers forced into telematics by vast difference in premiums

The majority of young drivers use some form of telematics policy in the UK as premium prices forces their hands.

Consumer and workforce surveys highlight ongoing gender barriers in insurance leadership

GlobalData surveying shows consumers want more women in boardrooms, while female underwriters cite structural barriers to progression.

UK cyber insurance adoption is low yet cyberattacks are escalating

Many UK businesses do not hold cyber insurance, facing potentially catastrophic consequences from a cyberattack.

Automakers embrace embedded insurance to boost sales and loyalty

GlobalData’s survey found that more than 30% of industry insiders expect embedded insurance to be the fastest-growing channel for personal lines over the next five years.

UK SMEs overlook underinsurance risk, despite major protection gaps

UK SMEs show low concern for underinsurance, yet global evidence reveals widespread gaps in essential cover.

Toyota’s embedded insurance policy will appeal to consumers hit by premium inflation

Toyota’s new insurance policy should appeal to consumers who both trust car manufacturers and have been hit by premium inflation.

Cyber insurance will see the highest demand due to political tensions

Cyber risks linked to global tensions are pushing cyber insurance to the top of industry demand.

Aviva’s digital transformation leads to lower customer premiums

Over 25% of brokers identify price/premiums as the most-important factor when choosing which insurers to place business with, GlobalData surveying has found.

Agentic AI will support insurance agents according to industry insiders

Agentic AI will have a significant role in customer service within insurance.

Luxury brands recognise the potential of embedded insurance solutions

Over 30% of industry insiders believe these solutions will see the most growth in personal lines insurance over five years.