Australia’s new cyclone reinsurance pool will benefit both consumers and insurers
The announcement of a government-backed cyclone reinsurance scheme in Australia will help insurers to keep on top of a growing…
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Cyber insurers cut their ties to ransomware crime payments as cover losses escalate
Insurers are losing appetite for cyber insurance as ransomware cover losses and payments have become problematic, which is leaving business…
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Frequency of communication with SMEs is key to improving insurance providers’ quality of service
GlobalData findings suggest that there is a strong link between customer satisfaction and the level of communication offered by insurance…
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GlobalData poll suggests the digital bancassurance channel should look towards personal lines
A GlobalData poll in Life Insurance International (LII) found that home, motor, and travel are the three product lines that…
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Lemonade closer to one-stop shop for insurance as it enters the auto market
Lemonade has expanded its product offering by launching telematics-based car insurance, gradually making strides to become a one-stop shop for…
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Mitigating long-term risks of climate change drives adoption of ESG practices in insurance
Managing the long-term risks of climate change is perceived as the main driver for the adoption of environmental, social, and…
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Rising house prices will drive term assurance premiums up
The rising cost for consumers to take out a term life assurance policy will increase as average UK house prices…
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Greggs and Zurich set to reignite battle between UK businesses and insurers
While GlobalData’s survey data indicated that small businesses’ trust in insurers increased following the business interruption court cases in 2020,…
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