All GlobalData articles
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News
More than 100 insurance startups actively deploying AI
’Industry leaders and stakeholders can leverage this innovation intelligence strategically,’ says practice head
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News Analysis
TechTalk: Reinsurance rate hikes hit insurtechs – but opportunities await
As reinsurance rates climb and more of the same predicted for 2024, it is becoming trickier for insurtechs to survive in the hard market, but with every negative comes a positive
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News
Identifying leading insurers in ESG is a challenge for brokers – GlobalData
Brokers do not look to ESG when considering trading relationships, however
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News
Dramatic reinsurance price hikes ‘may need to be passed onto customers’
’Reinsurance that protects us as insurers has risen across the piece,’ says managing director
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News
Ransomware could be ‘potential wrecking ball’ for businesses amid Royal Mail $80m ransom
Reports suggest that Royal Mail has refused to pay the ransom
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News
UK inflation will increase the need for gig economy insurance – GlobalData
Education among consumers is needed, however, due to the widespread belief that this cover is provided by employers
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News Analysis
Briefing: Could mass tech firm layoffs trigger ripple effect for insurtechs?
As more technology giants announce mass staff layoffs, could the insurtech sector see a similar trajectory?
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News Analysis
TechTalk: Are insurtech staff layoffs the ‘quick and easy way out’ of post-pandemic capital conundrums?
While 2021 was filled with the creation of insurtech unicorns, 2022 saw sector-wide staff layoffs - and there could be more to come as inflation and the cost of living crisis continues to grip the market
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News
Insurers’ capital outlook darkened by increasing climate risk – GlobalData
Extreme weather events have already caused UK insurers to lose around £1.5bn, says senior insurance analyst
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News
Inflation tops concerns for insurance sector in 2023 – GlobalData
Over a third of insurance industry respondents to firm’s poll cited inflation as the standout challenge ahead of other issues such as digitalisation, climate change, regulation, Covid-19, cybercrime and geopolitics
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News
Amazon’s online insurance store – what does it mean for the industry?
The FCA has already taken note of the potential for big tech players to disrupt the insurance market
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News
Travel, home and pet policyholders ‘forced’ to cancel cover – GlobalData
The ‘squeeze on living standards’ in the UK is causing consumers to change their spending habits, says insurance analyst
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News
Current solvency capital requirements not limiting investment from general insurers – GlobalData
The UK government will need to ‘encourage’ or ‘incentivise’ firms to invest more capital if it decides to relax regulations, says senior insurance analyst
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News
Cyber insurance uptake with SMEs remains low – GlobalData
’Insurers need to show they can help businesses stop attacks by offering preventative coverage, security systems and staff training’ says GlobalData insurance analyst
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News
Insurtech investments fall in 2022 amid Covid and cost-of-living crisis – GlobalData
The data and analytics said insurtechs will need to refocus as a result of tough economic times
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Analysis
TechTalk: Investor confidence dips as insurtech sector hit by cost of living crisis
The insurtech sector has not escaped the ramifications of the cost of living crisis - staff lay-offs and adapted business models signal that the market must change with the times
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News
Drought to cause mayhem for UK insurers
Insurers should brace for weather-related claims as temperatures soar and drought is officially declared across parts of England
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News
GlobalData forecasts £2.2bn boost in motor insurance DWPs by 2026
A DWP jump in 2023 will result from companies looking to rebalance their books following new FCA pricing rules, says insurance analyst
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News
Emerging technologies set to become crucial to insurance digitalisation – GlobalData
The data and analytics firm has urged insurers to ‘get smart’ on emerging tech-based trends
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News
Telematics uptake rises by nearly 30% among under 30s – GlobalData
The increase comes despite younger people expressing concerns over privacy, data and device-insurer relation