All articles by GlobalData Financial
GlobalData Financial
UK insurers face challenges in EV adoption
Insurers are increasingly pressured to modify their products to cater to the specific needs of EV drivers, which differ significantly from those of traditional vehicle owners.
Cyber insurance has the strongest growth potential despite the protection gap
According to GlobalData’s 2025 UK Commercial Insurance Broker Survey, over half of brokers (53.6%) believe cyber insurance has the potential to record the strongest growth among new or emerging commercial insurance products.
Allianz Life US data breach will be damaging to life and health insurance sector
The breach was one of the largest reported cyberattack in insurance, as Allianz Life has around 1.4 million customers in the US.
Insiders see green insurance as vital
According to a GlobalData poll conducted in Q3 2025, 41.9% of business executives cited that it was very important to offer green insurance products or services.
Insurers should implement AI across the entire value chain
To stay competitive, insurers should invest in developing AI capabilities across the entire value chain.
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Embedded insurtech provider Wrisk raised £12m in Series B closing
According to a poll conducted by GlobalData in Q1 2025, embedded insurance outpaced direct-to-consumer models (18.4%) and traditional broker networks (17.2%).
Aviva leads the market in 2025 UK Commercial Insurance Broker Survey
The company led the market in 10 of 12 surveyed categories, including underwriting flexibility, digital capabilities and AI integration.
E-bike/scooter surge highlights gaps in regulation and insurance
The findings were revealed via GlobalData’s 2024 UK Insurance Consumer Survey.
There are big opportunities in renewable energy insurance
As the world increasingly shifts toward sustainable energy, demand for specialised insurance products tailored to the unique risks of renewable energy projects is set to rise.
RAC wise to target younger and older motor insurance customers with telematics policies
GlobalData’s survey found that both telematics and pay-per-mile insurance policies were effective ways of increasing customer satisfaction.