All articles by GlobalData Financial
GlobalData Financial
SMEs value customisable cover when choosing an insurer
Over 30% of SMEs rank “the ability to tailor a policy around specific needs” in the top five most important factors when choosing an insurance provider, GlobalData surveying has found.
AI, cyber, and climate change will be the key insurance themes in 2026
GlobalData has selected the three key themes for 2026 in its annual Predictions Webinar.
Overlong insurance application is most common complaint from vulnerable customers
Many vulnerable customers cite challenges with the insurance application process, while a significant proportion are denied a policy altogether.
NHS waiting lists drive record private medical insurance use
Concerns over NHS waiting times are fuelling record PMI admissions and reshaping insurers’ pricing, products, and growth strategies.
Brokers key to closing the SME cyber protection gap
Over 25% of SMEs select “I was advised by a broker” as the reason for purchasing cyber insurance, according to a GlobalData survey.
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FCA moves to standardise ESG ratings as regulation drives ESG plans
GlobalData finds regulation is the leading motivator behind ESG plans as the FCA introduces proposals to boost ESG rating transparency.
Younger drivers forced into telematics by vast difference in premiums
The majority of young drivers use some form of telematics policy in the UK as premium prices forces their hands.
Consumer and workforce surveys highlight ongoing gender barriers in insurance leadership
GlobalData surveying shows consumers want more women in boardrooms, while female underwriters cite structural barriers to progression.
UK cyber insurance adoption is low yet cyberattacks are escalating
Many UK businesses do not hold cyber insurance, facing potentially catastrophic consequences from a cyberattack.
Automakers embrace embedded insurance to boost sales and loyalty
GlobalData’s survey found that more than 30% of industry insiders expect embedded insurance to be the fastest-growing channel for personal lines over the next five years.