Industry
Low switching rates leave UK motor insurance customers at risk of overpaying
A GlobalData survey indicates that consumer inertia remains a key feature of the UK motor insurance market, with many policyholders…
Admiral moves into taxi insurance with broker-led Patons partnership
A GlobalData survey suggests insurance uptake among gig economy taxi drivers is low, with a sizable minority either opting out,…
Amazon Pay ready to further disrupt India’s motor insurance market
Global consumers are open to purchasing insurance from alternative providers as per a GlobalData survey. Big tech companies are viewed…
Insurance industry sees greatest challenge coming from insurtechs
Almost a third of industry insiders in a GlobalData poll felt the greatest challenge in the next couple of years…
Car dealers and manufacturers emerge as alternative channels for UK motor cover
GlobalData surveying has found that while traditional insurers remain the primary distribution channel for UK motor insurance, a range of…
Cowbell debuts cyber insurance solution for Australian SMEs
Cowbell has entered the Australian insurance market, unveiling its Prime One cyber insurance programme for small and medium-sized enterprises (SMEs)…
Aon partners with SecurityScorecard to widen cyber risk offering
UK-based professional services provider Aon is collaborating with SecurityScorecard to extend the range of cyber risk services available to its…
Zurich targets Beazley to lead global speciality market
The bid was £7.7bn ($10.3bn) as of 19 January 2025, which would make it one of the largest insurance acquisitions…
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…
