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Many travel insurance customers do not know how their policies cover them against COVID-19
According to GlobalData’s 2021 UK Insurance Consumer Survey, over a quarter of travel insurance policyholders do not know what their…
COVID-19 triggers more consumers to purchase income protection insurance
More people are buying income protection policies as a result of COVID-19 as individuals have become increasingly wary about unprecedented…
Pet insurance prices keep owners at bay
The COVID-19 pandemic has led to pet ownership soaring in the UK, yet growth of the pet insurance market is…
SMEs are interested in pandemic insurance but high risks may force premiums up
UK SMEs are willing to purchase pandemic insurance, but only medium-sized companies are willing to pay a significant amount for…
Cyber insurers cut their ties to ransomware crime payments as cover losses escalate
Insurers are losing appetite for cyber insurance as ransomware cover losses and payments have become problematic, which is leaving business…
Insurance 2022 – where brand experience trumps policy costs
Looking back on the year that was, one may argue that 2021 has had just as much of a disruptive…
Cyber insurers running scared: Ransomware “as profitable as cocaine”
Cyber insurance firms are moving to cap clients' cover and hike their premiums following a surge of ransomware attacks during…
GlobalData poll suggests the digital bancassurance channel should look towards personal lines
A GlobalData poll in Life Insurance International (LII) found that home, motor, and travel are the three product lines that…
Greggs and Zurich set to reignite battle between UK businesses and insurers
While GlobalData’s survey data indicated that small businesses’ trust in insurers increased following the business interruption court cases in 2020,…
SMEs still believe insurers’ quality of service has improved since the pandemic
Insurers have reacted well to the pandemic and generally improved their quality of service, according to SME survey figures from…