All articles by GlobalData Financial

GlobalData Financial

E-bike/scooter surge highlights gaps in regulation and insurance

The findings were revealed via GlobalData’s 2024 UK Insurance Consumer Survey.

There are big opportunities in renewable energy insurance

As the world increasingly shifts toward sustainable energy, demand for specialised insurance products tailored to the unique risks of renewable energy projects is set to rise.

RAC wise to target younger and older motor insurance customers with telematics policies

GlobalData’s survey found that both telematics and pay-per-mile insurance policies were effective ways of increasing customer satisfaction.

Aviva to accelerate growth with landmark acquisition of Direct Line

Aviva is the largest general insurance player in the UK; accounting for 9.7% of GWP in 2023 as per GlobalData’s UK Top 25 General Insurance Competitor Analytics.

The Iran conflict will push brokers to re-evaluate geopolitical risk

GlobalData’s 2025 UK Broker Insurance Survey reveals that only 8% of brokers identify political instability as the biggest threat to their business.

FC Barcelona’s data compromised in ransomware attack on insurer

Asefa, the Madrid-based subsidiary of French insurer SMABTP, is the latest organisation to be targeted by the ransomware group Qilin.

Motor insurance premiums drop despite industry expectations

This decline in motor insurance premiums can be attributed to several factors, including a reduction in inflation and heightened competition within the industry.

UK brokers expect strong growth in cyber insurance as business risks escalate

While awareness is clearly increasing, this has not yet translated into widespread adoption of cyber insurance.

Consumer appetite to drive leak detector growth coupled with home insurance policies

GlobalData survey data shows that US consumers across all household income bands can see value in water leak detectors and many are looking to install one within two years.