All articles by GlobalData Financial
GlobalData Financial
Underinsurance persists among UK delivery workers
Over 40% of delivery service workers are uninsured, GlobalData surveying has found.
UK insurers must tackle privacy concerns to unlock growth in telematics
Uptake of telematics in the UK remains low as over a quarter of consumers cite data privacy concerns; limiting UBI growth potential.
Protection against AI risks is a leading reason for SMEs to purchase cyber insurance
SMEs are more likely to buy cyber insurance because of professional advice or perceived risks such as AI, rather than because the company was a victim of a cyberattack.
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.
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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.
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.