UK insurtechs need to build awareness of their products among consumers
While insurtechs generally offer more innovative insurance products than incumbents, capturing customers from existing players is always difficult. The majority…
Low home insurance uptake among renters leaves them vulnerable to unexpected costs
The English private rented sector has doubled in size since the early 2000s, according to the English Housing Survey, accounting for 19% of households in 2019–20. But renters are much…
19 Jan 2021
18 Jan 2021
Digital payment platforms offer insurers the potential to reach a large customer base effortlessly
With the advent of digitisation, customers are increasingly seeking to purchase insurance directly, bypassing intermediaries. More online sales are being completed using smartphones, which is generating greater interest in digital…
18 Jan 2021
Life and health products will benefit most from COVID-19
The life and health insurance markets will see the most positive impact from the COVID-19 pandemic, according to a GlobalData poll. The pandemic has caused major disruption to a myriad…
15 Jan 2021
23 Dec 2020
SME switching rises in specialist lines as their importance is heightened by COVID-19
The COVID-19 pandemic is a leading reason why SMEs are switching insurers in 2020. This is especially true in more niche lines, with businesses realising the importance of holding insurance…
23 Dec 2020
Lemonade will face new difficulties following its expansion into France
Home, renters, and pet insurer Lemonade has continued its European expansion into France, where it has begun selling renters’ insurance. This follows a strong initial public offering (IPO), with the…
23 Dec 2020
Marketing of insurance for gig workers is crucial as unemployment rises
The number of gig workers has risen exponentially in recent years, but insurance and marketing to cover this type of worker remains limited. Insurtech Dinghy is renowned in this space…
23 Dec 2020