All articles by GlobalData Financial

GlobalData Financial

Aviva’s Tesco deal signals rising importance of affinity channels in protection

GlobalData’s 2025 UK Insurance Consumer Survey highlights a highly concentrated UK critical illness market, led by Aviva.

AI liability cover is a risk and an opportunity for insurers

AI liability cover is a new product opportunity for insurers, but customers want to be covered for a wide range of risks.

Howden sets the tone for aggressive US cyber expansion

Howden strengthens newly formed US cyber practice after acquiring the intellectual property assets of predictive company Cybeta.

Embedded insurance delivers higher conversion and stronger customer engagement

Embedded insurance delivers higher conversion and stronger customer engagement.

Insurers that integrate ChatGPT effectively will gain a competitive edge with SMEs

AI tools are gaining traction, but integration remains a barrier and a key opportunity for insurers.

Assessing risk accurately is the main deterrent to offering cyber insurance

Appetite for offering cyber insurance remains mixed as difficulty in assessing risks creates challenges in ensuring profitability.

Industry insiders are not convinced AI is ready for widespread use across insurance

AI is continuing to grow within the insurance industry, but sceptics doubt it is ready for full rollout.

Low switching rates leave UK motor insurance customers at risk of overpaying

GlobalData surveying found that 68.9% of UK drivers do not switch insurer at renewal.

Admiral moves into taxi insurance with broker-led Patons partnership

16.3% of UK taxi drivers considered taking out cover but decided against it.

Aviva tops broker ranking as it upgrades its commercial offering

A GlobalData survey shows 26.3% place most business with Aviva as it modularises CCI and grows Fast Trade.