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Cyber insurance uptake lags rising risks for UK property SMEs
GlobalData's survey data shows that cyber insurance remains underpenetrated in the real estate and renting industry compared with the total market across all SME size bands. Meanwhile, figures sourced from the Information Commissioner's Office suggest that cyberattacks against UK property services businesses rose 17% โฆ
Influencers see UPI MDR introduction in India as vital step for ecosystem monetisation: GlobalData
The introduction of a 0.4% Merchant Discount Rate (MDR) on Person-to-Merchant (P2M) Unified Payments Interface (UPI) transactions above INR 2,000 ($20.8) in India has sparked substantial debate among influencers on X. Influencers see the measure as an attempt to create a durable revenue base โฆ
Many Group uses AI to create a faster pet insurance journey
GlobalData surveying has found that over 20% of dog and cat insurance consumers purchased directly with an insurer because it offers a quicker purchasing process. Meanwhile, Many Groupโthe parent company of ManyPetsโis using AI across its operations to streamline processes and improve efficiency; supporting โฆ
Worldโs largest bridge construction projects tilt towards renewal over expansion
The world's largest bridge construction projects are becoming less about opening new routes and more about keeping existing ones fit for purpose. The clearest evidence sits in the US, where the $17.7bn Interstate 5 Bridge Replacement is the highest-value scheme in GlobalData's dataset and โฆ
AI automation hits insurance jobs as Allianz plans cuts
A GlobalData poll found that nearly half of respondents believe automation will replace over 25% of their company's workforce. Meanwhile, Allianz is reportedly planning to cut 1,500โ1,800 roles as the insurer expands its use of AI across the business. A GlobalData poll conducted in โฆ