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11 January 2024

Explore the latest updates to our market intelligence platform 

The UKGI marketplace is constantly changing and that is why we continually develop our intelligence platform to produce an increasingly powerful tool for subscribers.

The new release of our market leading intelligence platform includes enhanced functionality and a wider range of data to provide even more valuable insights and an improved user experience.  

To help with the requirements of Consumer Duty we’ve added a series of critical metrics from the FCA in the form of its Value Measures data. 

“One of the things that Insurance DataLab does very well is enable people that are doing product assessments or monthly conduct committees to use that data. [Having it all] in one place really makes you able to pull a broader picture together.” 
Compliance expert Claire Carpenter

Combined with the information we source on complaints from the Financial Ombudsman Service and FCA, customer experience from Fairer Finance and Trustpilot, and the underwriting profitability of different lines of business, we’re providing access to a variety of data about the performance of insurance companies that the regulator analyses to monitor the market.  

The platform also now includes underwriting results split by business line and league tables of performance for all non-life Irish insurers as well as for those regulated in the UK and Gibraltar.  

Users can now compare the performance of individual insurance companies with its peer group average as well as against the market average.

If you are interested in finding out how Insurance DataLab can help your business – whether that be in benchmarking performance, monitoring outcomes under Consumer Duty, or evaluating your partners and potential M&A targets, –you can register for a free trial  here

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