All articles by GlobalData Financial

GlobalData Financial

Aviva expands ChatGPT distribution channel

GlobalData surveying found that UK consumer comfort with chatbot insurance quotes rose to 41.9% in 2025.

AI capabilities ramp up the threat of insurance fraud

AI allows fraudsters to create documents, images, and voices almost instantaneously and poses a significant threat to the insurance industry.

Admiral targets commercial fleet growth with £80m acquisition of Flock

Over half of UK SMEs lack a UBI motor policy as Admiral expands its telematics fleet capabilities through Flock.

TikTok’s commercial insurance debut signals embedded distribution boom

TikTok officially transitions to powerful distribution channel for commercial insurance for e-commerce businesses through its ERGO NEXT Insurance partnership.

VisitorsCoverage launch highlights growing consumer openness to AI-led insurance journeys

A GlobalData survey finds 42% of UK consumers are comfortable receiving insurance quotes from chatbots.

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.