All articles by GlobalData Financial
GlobalData Financial
Micro enterprises underestimate their appeal to cyberattackers as AI phishing grows
SMEs bypass cyber insurance assuming they are safe, yet AI phishing tools have made smaller firms prime targets.
Rising EV adoption highlights evolving motor insurance risks
GlobalData finds 42.1% of UK consumers expect to switch to a fully electric vehicle within five years as EV registrations reach record levels.
Removal of triple-lock pension the first step in reducing state pension cost
The UK Government is looking to reduce public spending on state pensions which should lead to consumers prioritising private pensions.
Big insurers lag on TikTok even as one in ten buyers research on social media
Around one in ten UK motor and home buyers research on social media as TikTok rankings reveal big insurance brands are lagging.
Claude and Gemini hacks bring agentic AI risks into underwriting
Insurers face a new frontier of liabilities as autonomous AI agents escape testing environments and accidentally hack real-world organisations.
Threat and opportunity for insurers as AI will drive disputes
AI tools giving wrong financial advice is one of the biggest questions emerging within the AI in insurance trend.
AXA partnership highlights increasing AI adoption across the value chain
A GlobalData poll shows underwriting leads expected AI gains as AXA Hong Kong expands AI use across insurance operations.
Lack of expertise risks slowing insurers’ efforts to scale AI
GlobalData finds 24.4% of insurance professionals view a lack of internal expertise as the biggest challenge to implementing AI.
Cyber insurance uptake lags rising risks for UK property SMEs
Cyberattacks on UK property firms rose 17% in 2025, while GlobalData data shows cyber cover remains below the SME market.
AI adds to competitive pressures facing UK commercial brokers
GlobalData finds 9.2% of UK commercial brokers view AI as the biggest threat to their business.