All articles by GlobalData Financial
GlobalData Financial
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.
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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.
Amazon Pay ready to further disrupt India’s motor insurance market
Amazon Pay extends its vehicle insurance services to reach 280 million vehicle owners in India and improves garage network for cashless claims.
Pet tech adoption remains low in the UK
Most owners are not using pet tech, though many say they would consider it in the future.