All articles by GlobalData Financial

Embedded insurtech provider Wrisk raised £12m in Series B closing

According to a poll conducted by GlobalData in Q1 2025, embedded insurance outpaced direct-to-consumer models (18.4%) and traditional broker networks (17.2%).

Aviva leads the market in 2025 UK Commercial Insurance Broker Survey

The company led the market in 10 of 12 surveyed categories, including underwriting flexibility, digital capabilities and AI integration.

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.

Rebuilding trust and simplifying insurance will win over the next generation