All articles by GlobalData Financial
GlobalData Financial
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.
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.
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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.
UK SMEs overlook underinsurance risk, despite major protection gaps
UK SMEs show low concern for underinsurance, yet global evidence reveals widespread gaps in essential cover.
Toyota’s embedded insurance policy will appeal to consumers hit by premium inflation
Toyota’s new insurance policy should appeal to consumers who both trust car manufacturers and have been hit by premium inflation.
Cyber insurance will see the highest demand due to political tensions
Cyber risks linked to global tensions are pushing cyber insurance to the top of industry demand.
Aviva’s digital transformation leads to lower customer premiums
Over 25% of brokers identify price/premiums as the most-important factor when choosing which insurers to place business with, GlobalData surveying has found.