Industry
Younger drivers show stronger engagement with telematics and usage-based insurance
GlobalData research shows that younger consumers in the UK are more likely to hold pay-as-you-go (PAYG) or usage-based (UBI) car…
DUAL Group partners with KYND to bolster cyber insurance offerings
DUAL Group, part of Howden, has joined forces with cyber risk management company KYND to enhance its cyber insurance services. …
UK insurers face challenges in EV adoption
GlobalData’s survey reveals battery-related protection features are among the most valued aspects of electric vehicle (EV) insurance. The UK motor…
RAC wise to target younger and older motor insurance customers with telematics policies
The RAC is launching two, new forms of telematics insurance; targeting both younger and older customers in the UK. GlobalData’s…
Motor insurance premiums drop despite industry expectations
Over the past year, motor insurance premiums have seen a notable decline. While industry insiders anticipated that motor insurance rates…
Trump’s automotive tariffs set to drive up vehicle prices and insurance rates in US
US car insurance premiums are higher than those in other countries, GlobalData surveying has found. With the recent 25% tariffs…
The sale of esure could challenge Admiral as motor insurance market leader
Ageas and Allianz are considering potential bids for UK motor and home insurer esure according to Reuters. Meanwhile, research by…
Marsh enhances cyber risk capacity with Cyber Echo Encore
Marsh, a unit of Marsh McLennan, has introduced Cyber Echo Encore, an enhancement to its Cyber Echo insurance facility. This…
WTW, Kayna partner with Vibrant to bolster cybersecurity oversight
Willis Towers Watson (WTW) and embedded insurance infrastructure platform Kayna have announced a collaboration with Vibrant, a platform specialising in managing…
Younger consumers are more likely to pay their motor insurance in monthly payments
GlobalData surveying has found that younger consumers are more likely to pay for their motor insurance via monthly payments. However,…
