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 insurance covers when it comes to COVID-19-related claims. The survey...
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...
How to do gambling in a mentally safe way
Gambling can be both fun and thrilling. It holds a lot of excitement, and winning money is of course the...
Poor availability affects uptake of personal cyber insurance despite good demand
According to GlobalData’s 2021 UK Insurance Consumer Survey, only 3.7% of UK consumers have a personal cyber insurance policy in...
Australia’s new cyclone reinsurance pool will benefit both consumers and insurers
The announcement of a government-backed cyclone reinsurance scheme in Australia will help insurers to keep on top of a growing...
Latest News
Pet insurance marketplace Pawlicy Advisor teams up with Synchrony
Pet insurance marketplace Pawlicy Advisor has joined forces with consumer financial services company Synchrony to help customers with pet-related expenses. Under the…
Oliver Wyman Digital launches digital platform with BaaS and IaaS solutions
Oliver Wyman Digital has launched a new platform aimed at helping incumbent banks and challengers to expedite their digital endeavours. The new…
Tech Mahindra acquires IT solutions provider CTC to tap insurance sector
Indian information technology (IT) services and consulting firm Tech Mahindra has acquired Com Tec Co IT (CTC) for €310m ($353.25m) including earnouts…
Saudi Arabian insurer Walaa taps eBaoTech for digital transformation
Saudi Arabia’s Walaa Cooperative Insurance Company (Walaa) has selected eBaoTech’s digital insurance solution to enhance its capabilities. The insurer has selected eBaoTech’s…
Features
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 effect as the storm that...
Likely mortality impacts of the post-pandemic recession
As the pandemic has progressed, collective minds have shifted their focus from the direct mortality impacts of Covid-19 to the longer-term implications. One of the...
Auto insurance automated – how technology is driving the industry into the future
It’s no secret, applying for motor insurance is seen as a cumbersome and time-consuming process that very often leads to confusion about what is (or...
Insurance and insurtech in 2021: full steam ahead?
2020 was a year dominated by a global pandemic. While it has not left the news, particularly in places such as the UK, insurance has...
Driving the UK economy forward – one van at a time
Almost one year into lockdown and with no end to restrictions likely for the foreseeable future, the outlook for many does seem bleak. But there...
Zurich utilising AI to create jobs, not lose them
Usually, artificial intelligence (AI) and machine learning is associated with job losses as people are replaced by machines. Insurer Zurich has decided to go in...
How insurance providers can drive change in health and fitness
Since March 2020, the UK government has implemented measures to alleviate the pressure on the NHS and a new health strategy, alongside ongoing social distancing...
Can AI and machine learning make the insurance experience a joy?
Insurance has often been regarded as an unwieldy process. However, with developments in artificial intelligence (AI), could the insurance experience be ready for a change?...
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Expert Commentary & Analysis
View MoreInsurers need to adapt as majority of people intend to continue hybrid working beyond pandemic
The vast majority of UK consumers believe they will continue to work from home for at least two days a week beyond COVID-19, which will have long-term effects on a…
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 lagging due to prices. Price is proving the main barrier…
Twitter round-up: Florian Graillot’s tweet on the growth of insurtech start-ups in Europe the most popular tweet in Q3 2021
Life Insurance International lists five of the most popular tweets on insurtech in Q3 2021 based on data from GlobalData’s Insurance Influencer Platform. The top tweets are based on total…
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 it. GlobalData’s 2021 UK SME Insurance Survey found that 53.9%…