Industry
Aon increases data centre insurance programme capacity by $1bn
Professional services company Aon has expanded its proprietary Data Centre Lifecycle Insurance Programme (DCLP) by $1bn. The expansion increases total…
UK insurers must tackle privacy concerns to unlock growth in telematics
Over a quarter of UK consumers suggested that a telematics/usage-based insurance (UBI) policy gives them privacy concerns, a GlobalData survey…
Brokers key to closing the SME cyber protection gap
A GlobalData survey has found the leading trigger for purchasing cyber insurance is being advised by a broker. In an…
Africa Specialty Risks enters cyber insurance with digital quote-and-bind policy
Africa Specialty Risks (ASR) has entered into the cyber insurance market for African businesses with the introduction of a digital…
Automakers embrace embedded insurance to boost sales and loyalty
A GlobalData poll has found that embedded insurance is emerging as the leading distribution channel for personal lines over the…
Toyota’s embedded insurance policy will appeal to consumers hit by premium inflation
Toyota’s new, fixed-premium, three-year car insurance policy in the UK is another sign of the rising embedded insurance trend and…
Lockton appoints Ed Le Flufy as new cyber global head
Independent brokerage Lockton Re has named Ed Le Flufy as its global head of cyber, operating from the company’s London…
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…
