Underinsurance is a concern for SMEs owing to economic struggles
Underinsurance will remain a concern in 2022 for SMEs, as global supply chain challenges and labour shortages cause prices to…
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Insurtech trends: Artificial intelligence top term on Twitter in Q1 2022
Life Insurance International lists the top five terms tweeted on insurtech in Q1 2022, based on data from GlobalData’s Insurance…
Almost half of all consumers are worried about increases to the age at which they can unlock their private pension
The UK government has plans to increase both the age at which individuals can access their private pensions and the…
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Tesla should be regarded as a potential competitor in North American motor insurance
GlobalData estimates the battery electric vehicle (BEV) insurance market in North America will grow from $3.2 billion in 2020 to…
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Ukraine-Russia war further heightens cyber risk, but price will remain an obstacle to SMEs
Price is a key barrier to cyber insurance take-up, but potential risk keeps arising amid the Russia-Ukraine war and continued…
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Brokers see competition as the biggest threat to their business as COVID-19 concerns wane
Brokers’ confidence in their business is returning as concerns about the COVID-19 pandemic subside. Traditionally, commercial brokers had seen competition…
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Electric vehicles are becoming more popular in the UK, but premium prices remain higher on average
The number of UK consumers with an electric vehicle (EV) grew by 2.8 percentage points in 2021 to 9.7%, but…
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Google offers the biggest threat to traditional home insurers among alternative providers
Insurers have always been wary of tech companies and outside players entering the industry and utilizing their skills in digitalization…