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Thematic Analysis
NewBanking and Payments M&A Deals, Q1 2024 – Top Themes – Thematic Intelligence
This report analyzes the disruptive themes that have driven M&A activity in Q1 2024 in the Banking & Payments Sector
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Sector Analysis
NewUruguay Insurance Industry – Key Trends and Opportunities to 2028
Uruguay Insurance Market Report Overview The gross written premium of the Uruguay insurance market was UYU88.1 billion ($2.2 billion) in 2023. The market will achieve a CAGR of more than 10% during 2024-2028. The Uruguay insurance market research report provides in-depth market analysis, information, and insights into the Uruguay insurance industry. It provides a detailed outlook by product category as well as values for key performance indicators such as gross written premium, penetration, premium accepted and ceded, profitability ratios, and...
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Company Insights
NewBlock – Competitor Profile
Block (formerly Square) is a US-based payment services provider that was launched in 2009. Effective from December 10, 2021, Square changed its legal name to Block. However, the company continues to offer its merchant services under the Square brand name, enabling businesses to accept payments through methods including debit and credit cards issued by all major scheme providers, as well as NFC-based solutions such as Google Pay and Apple Pay. For offline payments, the company offers an array of traditional...
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Sector Analysis
NewMorocco Cards and Payments – Opportunities and Risks to 2028
Morocco Cards and Payments Market Report Overview The annual value of card transactions in the Morocco cards and payments market was $6.3 billion in 2023 and will grow at a CAGR of more than 12% during 2024-2028. Cash remains a strong preference for Moroccan consumers. However, the government and banks are striving to increase awareness levels to encourage electronic payments. Morocco Card Transactions Outlook, 2023-2028 ($ Billion) Buy the Full Report for More Information on the Morocco Cards and Payments...
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Sector Analysis
NewIndia Life Insurance Market Size and Trends by Line of Business, Distribution, Competitive Landscape and Forecast to 2028
India Life Insurance Market Report Overview The gross written premium of India life insurance market was INR8.5 trillion ($102.8 billion) in 2023 and will achieve a CAGR of more than 9% during 2024-2028. The government's initiatives to encourage infrastructure development, implement fiscal consolidation, and create a business-friendly atmosphere will enhance manufacturing competitiveness, promote exports, and propel future economic growth. India Life Insurance Market Outlook, 2023-2028 (INR Trillion) Buy Full Report to Gain More Information about the India Life Insurance Market...
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Company Insights
NewCaixaBank SA – Digital Transformation Strategies
CaixaBank SA Digital Transformation Strategies Overview CaixaBank is exploring the use of advanced technologies such as blockchain, artificial intelligence, big data, and robotics to increase its operational flexibility and efficiency. AI, big data, cloud, and blockchain are among the key technologies under focus for the company. The annual ICT spending of CaixaBank was estimated at $1.5 billion in 2023. A major share of this spending is earmarked for acquiring software, ICT services, and network and communications from vendors. CaixaBank SA...
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Company Insights
NewUnited Overseas Bank Limited – Digital Transformation Strategies
United Overseas Bank Digital Transformation Strategies Overview United Overseas Bank is exploring the use of advanced technologies such as blockchain, artificial intelligence, big data, and cloud to increase its operational flexibility and efficiency. AI, big data, cloud, and blockchain are among the key technologies under focus for the company. The annual ICT spending of United Overseas Bank was estimated at $835 million in 2023. A major share of this spending is earmarked for acquiring software, ICT services, and network and...
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Company Insights
NewLiberty Mutual Holdings Company – Digital Transformation Strategies
Liberty Mutual Holdings Company Digital Transformation Strategies Overview Liberty Mutual is utilizing AI and machine learning to improve its underwriting processes. AI, big data, cloud, blockchain, and IoT are among the key technologies under focus for the company. The annual ICT spending of Liberty Mutual was estimated at $1.1 billion in 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. Liberty Mutual Holding Company (Liberty Mutual) is a property and...
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Company Insights
NewPing An Insurance (Group) Company of China – Digital Transformation Strategies
Ping An Digital Transformation Strategies Overview Ping An is tapping into the power of artificial intelligence (AI) to improve its business efficiency. AI, big data, cloud, and blockchain are among the key technologies under focus for the company. The annual ICT spending of Ping An was estimated at $2.8 billion in 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. Ping An Insurance (Group) Company of China (Ping An) is...
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Sector Analysis
NewInsurance Broker Market Size and Analysis by Region, Regulatory Trends, Competitive Landscape and Forecast to 2028
Insurance Broker Market Report Overview Brokers’ written premiums are estimated to be $1,341.2 billion in 2024. The growing complexity of risks and disruptions and the launch of data-driven products and services leveraging innovative technologies will promote the brokers’ written premium growth at a CAGR of more than 7% during 2024-2028. Currently, brokers actively incorporate environmental, social, and governance (ESG) principles into their businesses to cater to clients. Brokers such as Marsh, WTW, Truist Insurance Holdings, and Gallagher have committed to...
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GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise. The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.
I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.
One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.