Out now!

Consultancy.org App

Improve your experience.

Now available in your app store.

AppStore

GooglePlay

Insurance research in the UK

An overview of research in the Insurance industry in the UK:

Senior global financial services staff expect financial crime risk to rise With cybersecurity threats on the rise, the majority of financial services leaders in the UK expect crime in their sector to rise.
21 March 2025
Financial services sector most mature in cybersecurity Financial services players are the most mature in terms of their cyber-security infrastructure, according to a new study from Wavestone.
16 July 2024
Only 14% of financial services firms have AI in corporate strategy The benefits of artificial intelligence for the financial services sector are supposedly massive.
19 June 2024
Insurers accelerating use of digital in customer journey While digital processes have increasingly been integrated into the customer journey of insurance businesses, uptake remains slower for AI technologies.
04 June 2024
European insurance companies struggle with operational challenges Insurance companies are struggling with operational challenges, as the market continues to encounter headwinds across the continent.
15 November 2023
Run-off insurance deals become less attractive in risky economy Despite an abundance of capital among investors, oversaturation and increased risk are seeing the ambitions of acquirers in the insurance space cool.
15 September 2022
Only 18% of insurance organisations considered data masters While close to half of all insurance firms believe they are implementing data-driven product development and using it for risk insights, a new study has found less than one-fifth are actually ‘data-m
23 February 2022
Third of consumers not well-informed by insurers Insurance companies could be doing more to reach out to non-traditional demographics, according to a new study – especially when it comes to informing potential customers of their range of insurance
30 September 2021
European FinTechs face 'existential threat' as funding dries up Despite years of hype declaring FinTech investment was set to experience some endless boom, the bubble looks set to burst amid the current recession.
12 October 2020
Extended Reality offers financial services huge opportunities The use of Extended Reality has the potential to disrupt the financial services industry, according to a new report by Synechron.
23 September 2020
UK and US insurers could face Covid-19-related loss of up to $80 billion The financial impact of Covi-19 could see the insurance industry hit with losses of between $32 billion and $80 billion.
05 May 2020
8 out of 10 businesses don't have cyber-attack insurance With the rise of cyber-crime now costing firms in the UK billions, many companies have sought to upgrade their defences against hostile outsiders.
28 February 2020
AI can boost financial services revenue by $140 billion Artificial intelligence brings lots of promises to the financial services industry, including a way to address the scarcity of workers who possess data analytics, cybersecurity, and AI skills.
10 January 2020
Financial services could unlock $700 billion by better serving women Financial services companies are costing themselves as much as $700 billion every year by failing to take adequate steps to better understand the needs of female clients.
27 November 2019
Financial sector focuses on digitalisation over Brexit preparations The financial service sector in the UK continues to face tough market conditions, with Brexit uncertainty and regulatory change on the horizon.
05 August 2019
Brexit and looming economic crisis hit financial services optimism The levels of optimism among the UK’s financial services sector remains at a worrying low, according to a new report co-authored by the country’s representative body for business interests.
21 January 2019
Financial institutions failing to detect cyber breaches for over a week The world of business has been working diligently to respond to a glut of cyber threats that have hit home in recent years.
27 September 2018
Banks to beef up their collaboration with FinTechs for innovation In the coming years, banks will even more closely work together with FinTechs.
25 September 2018
Drones to add £21 billion to UK public sector and financial services New research by PwC suggests that the ‘drone economy’ could add £42 billion to UK GDP by 2030.
29 May 2018
Insurance industry embracing social media but struggles with pace of change While insurance companies are strongly committed to using social media channels for branding and customer service, they are leaving potential untapped, according to a new study.
02 March 2018
Insurance industry M&A sees decline in volume counterbalanced by mega-deals M&A activity in the insurance industry has slowed, although large deals aimed at consolidation have sprung up, boosting relative value.
18 December 2017
Insurance companies leverage opportunities offered by disruption Insurance companies are increasingly faced with internal and external disruptions, largely due to new technologies and business models arising.
02 November 2017
Health insurance costs continue to increase globally Private health insurance costs have increased above the rate of inflation, with cancer and diseases of the circulatory system blamed as the main cost drivers.
27 July 2017
Medical costs continue to spiral for insurance industry Medical insurers are once more seeing costs rise almost across the board, and while companies are planning a range of wellness and health initiatives for employees, these are unlikely to impact on
16 May 2017
Interest in FinTech services highest among younger tech savvy users The financial services industry has, since the financial crisis, found itself operating in a rapidly evolving environment.
24 April 2017
Strategic approach to mergers & acquisitions key for insurance industry Changes in the insurance industry, largely the result of digitalisation of key processes inside and outside the industry, is creating new incentives to engage with industry and cross industry experti
05 April 2017
Insurance industry to see profits eroded by InsurTechs and digital rivals The insurance industry is beginning to face the prospect of digital innovation affecting their business models.
22 March 2017
Insurance companies can leverage digital to improve customer loyalty Insurance companies find it difficult to interact with their customers, with few opportunities outside moments of cause.
20 December 2016
Insurers keen to develop ERM systems to unlock business risk insights Enterprise risk management solutions within the insurance industry are on the increase, as their reactionary potential for dealing with risk events pays off.
04 October 2016
Top 10 technology forces that will shape financial services in 2020 Ciaran Kelly, partner at PwC in Ireland, analyses the findings of a report on the real-world implications of FinTech for financial services firms and the areas these firms should prioritise.
03 October 2016
Auto insurance industry and InsurTechs can learn from telematics in Italy Matteo Carbone, Principal at Bain & Company in Italy, reflects on how InsurTechs can learn from the experiences the Italian auto insurance industry has gained from its use of telematics.
22 September 2016
Cybercrime and crisis insurance products to boom in coming years Insurance against a range of risks in the political risk and crisis management space are set to boom in the coming years, after a period of lacklustre profitability growth within the market.
13 September 2016

1
2

About Consultancy.uk

Consultancy.org network

Consultancy.org network

Consultancy.org

Consultancy.org is the world’s premier online platform for the consulting industry with 12 websites globally. Consultancy.org works with 600+ leading consultancies in 100+ countries.

AppStore

GooglePlay