The future of telematics for insurers is in creating a nuanced approach
As insurance telematics and usage-based insurance (UBI) programmes continue to grow globally, insurers increasingly have opportunities to tap into consumer…
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Revolut can benefit from returning foreign travel with app-based travel insurance via Allianz tie-up
As the UK continues to emerge from the pandemic and foreign travel returns, GlobalData forecasts that the UK travel insurance…
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Ondo goes public with room for growth in home insurance incorporating water leak detection
Insurers have been slow to incorporate smart home devices into home insurance policies despite their ability to reduce the number…
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Insurers move towards proactive health cover as consumers will give up data for financial savings
Health insurers are moving towards health promotion and proactive health cover at the same time as consumers are willing to…
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MetLife will be the worst hit life insurer in Ukraine owing to the ongoing political unrest
The full impact of the Russia-Ukraine war on insurers will not be known for some time, however, it is clear…
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Russia’s Ingosstrakh will begin to feel the strain as it loses Generali and Western pressures mount
Generali has given up its seats on the board of Ingosstrakh, a leading Russian general insurer in which it owns…
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Sanctions and war risks will transform the European MAT market
According to GlobalData’s Global Insurance Database, Russia’s marine, aviation, and transit (MAT) insurance market is the second largest in Europe,…
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Week of storms reinforces climate change risk as 27% of household claims relate to weather incidents
Insurers must brace for rising claims as storms Eunice and Franklin batter the UK, serving as a reminder of the…
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