Industry
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,…
Ageas in talks to establish 20-year alliance with Saga
Ageas is carrying out exclusive discussions with Saga, the UK specialist provider of products and services to people aged more…
PERILS, CyberAcuView expand US Cyber Industry Loss Index’s coverage
The US Cyber Industry Loss Index, a joint initiative by Swiss-based PERILS and US-based CyberAcuView, is set to expand its…
Carrot gains exclusive rights to use behavioural-based insurance
South Korean insurtech company Carrot General Insurance has obtained the exclusive right from the General Insurance Association of Korea to…
