Insurtech: Regulatory Trends
Insurers collect and hold vast amounts of customer data that is used for underwriting, claims processing and incentivising risk reduction. Regulations that govern how this data is used or how…
Comment
Insurtech: Macroeconomic Trends
Emerging insurtech challengers have disrupted and improved majority of the insurance products in the industry.…
Insurtech: Technology Trends
Insurance start-ups are adopting a range of insurtech technologies such as blockchain and artificial intelligence (AI) to differentiate themselves from…
Amazon and Next Insurance partnership could challenge incumbents
US SME insurtech Next Insurance is taking part in Amazon’s insurance accelerator as the tech giant looks to upgrade its…
Pension conundrum as women must raise larger pots than men for same retirement income despite the gender pay gap
Longer life expectancies mean that women need larger pension pots than men for the same retirement income. GlobalData analysis shows…
Furloughed workers have been the most likely to increase their pension contributions amid COVID-19
Findings from GlobalData’s 2021 UK Life & Pensions Survey reveal that 17.3% of furloughed workers have increased their pension contributions…
Big Data in Insurance: Regulatory Trends
The amount of data being collected is increasing as the world becomes more connected with a surge in Internet of Things (IoT) devices. Laws and restrictions around using this data…
Big Data in Insurance: Macroeconomic Trends
A key benefit of using big data for insurers is that it can provide actionable insights from the information being collected from consumers. Insurers can create tailored policies based on…
Big Data in Insurance: Technology Trends
Big data can play a key role in insurance by enabling insurers to analyse the data to avoid large-scale claims. The technology is becoming increasingly relevant in underwriting, pricing risk,…
Sainsbury’s deal will help Ageas strengthen its motor insurance position and expand its customer base
Ageas’ deal with Sainsbury’s will increase the insurer’s access to customers, as the supermarket holds a similar market share to Ageas according to findings from GlobalData. Ageas was added to…
Zego takes long-term view with cover for electric vehicle ride-hailing scheme
Zego is looking towards providing cover for electric vehicles within the UK’s ride-hailing market, and GlobalData analysis shows that while it has a small market to target for now, the…
© Copyright Verdict Media Limited 2021
Powered by 