All articles by GlobalData Financial

GlobalData Financial

UK SMEs are worried about the cost-of-living crisis, which will impact insurers

Small businesses in the UK are extremely concerned about the ongoing cost-of-living crisis and so are insurers. The level of…

UK SMEs should be more concerned about being under-insured amid rising inflation and supply chain issues

The challenging economic environment in the UK, including inflation, is leaving SMEs open to significant levels of uninsured risk, yet…

Lemonade can overcome weak insurtech investment by targeting the UK without contents insurance

Less than 60% of renters have a contents insurance policy, making the UK an ideal landing ground for Lemonade’s home…

Zixty launches car insurance for UK consumers who value sustainability

Zixty is prioritising sustainability with its new motor insurance product, which helps motorists offset their carbon footprint by planting trees.…

Volatility increases in the electric vehicle insurance market as spiraling energy prices threaten to deter sales

Spiraling energy prices could slow down growth of the electric vehicle (EV) and insurance market going forward as the savings…

Businesses are concerned by sustainability issues but do not factor this in when choosing policies

An insurer’s record on sustainability is important to SMEs. But when it comes to choosing policies, it is still the…

UK insurtech raises millions in latest funding round despite investment into the sector drying up

UK-based insurtech Stubben Edge Group has secured an additional £5.6m in investment despite GlobalData findings showing that total investment into…

High potential in Chubb and Hang Seng Bank’s partnership lies in Hong Kong’s use of the banking distribution channel

According to GlobalData’s 2022 Financial Services Consumer Survey, over 60% of Hong Kong (China SAR) consumers who buy any insurance…

South Korea’s general insurance market growth sparks interest among foreign investors

GlobalData forecasts that South Korea’s general insurance market will experience healthy growth, recording a compound annual growth rate (CAGR) of…

Embedded insurance continues to attract interest with Airbnb launching travel insurance for its guests

Popular sharing economy companies remain popular among consumers according to GlobalData’s latest survey findings. Now they are playing an important…