A GlobalData poll in Life Insurance International (LII) found that home, motor, and travel are the three product lines that the digital bancassurance channel should target. A poll conducted on…
Lemonade has expanded its product offering by launching telematics-based car insurance, gradually making strides to…
Managing the long-term risks of climate change is perceived as the main driver for the adoption of environmental, social, and…
The rising cost for consumers to take out a term life assurance policy will increase as average UK house prices…
While GlobalData’s survey data indicated that small businesses’ trust in insurers increased following the business interruption court cases in 2020,…
Life Insurance International lists the top five terms tweeted on insurtech trends in Q3 2021, based on data from GlobalData’s…
While there are several firms providing computer vision (CV) solutions for insurance, the industry is not known for its early adoption of new technologies. Technologies that play a part in…
Insurers have reacted well to the pandemic and generally improved their quality of service, according to SME survey figures from GlobalData. Our 2021 UK SME Insurance Survey showed that 25.1%…
Computer vision (CV) can be used to mitigate claims before they occur in addition to speeding up the claims process. Data privacy concerns, however, may limit the success of solutions…
The insurance industry was previously not known for its early adoption of new technologies. Computer vision (CV) technology use is expected to pick up after the pandemic as the insurance…
Increased remote working, greater awareness, and media attention are the main reasons leading UK SMEs to purchase cyber insurance, rather than firms being on the receiving end of an attack…
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