All articles by GlobalData Financial

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.

Rebuilding trust and simplifying insurance will win over the next generation

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.

Demand for AI error insurance grows

A GlobalData poll conducted on Life Insurance International in Q1/Q2 2024 explored the appetite among business executives for several insurance products.

Brokers demand greater use of technology as they partner with insurtechs

To remain competitive and meet broker expectations, insurers must accelerate their digital transformation efforts.