Show Notes
It seems we have a big problem with financial literacy in the UK. More young people struggle with simple calculations, and a recent survey for Allianz said even adding up basic change was an issue many struggle with. We explore what this means when it comes to buying insurance, why people are so bad at calculating risk, and whether it would help if financial education is changed in schools. To find out why there is a higher concentration of high financial literacy amongst the older generations, and more so for men, our host - Steph McGovern - is joined by: Patricia Pelayo Romero, an economist with Allianz John Jerrin, a Professor of Education and Social Statistics at UCL See omnystudio.com/listener for privacy information.
More from Insurance Tomorrow
Insurance is changing fast - as AI transforms how businesses operate, new technologies reshape familiar risks, and climate change creates challenges already being felt today. But amid all that change, some fundamentals may remain, particularly the importance of trust, expertise and strong human relationships. In this episode of Insurance Tomorrow, financial broadcaster and journalist Georgie Frost is joined by Colm Holmes, CEO of Allianz UK, and Chris Bose, Director of General Insurance and International at the Association of British Insurers, to explore what the industry could look like in the decades ahead. In this episode, we discuss: • What buying insurance might look like by 2050. • How AI is changing insurance, but why “humans in the loop” matter • The evolving risk landscape, from climate change and cyber threats • How autonomous vehicles and renewable energy technologies could reshape insurance • The role of regulation in stimulating innovation and protecting customers • Importance of prevention, resilience and understanding future risk • How brokers are becoming ‘risk consultants’ Follow the series for notifications about future episodes. You can watch the podcast on Spotify and YouTube | https://www.youtube.com/playlist?list=PLoLD_-KfE3a3mR38xel2jA58gVo3J6-Gs Want to help shape our future episodes? Share your ideas, thoughts and comments here | https://info.allianz.co.uk/insurance-tomorrow-podcast-survey.html Connect with us on LinkedIn | https://www.linkedin.com/showcase/allianzukbroker/ for broker insights and explore the Allianz Knowledge Centre | https://www.allianz.co.uk/broker/knowledge-centre.htmlfor webinars, articles and resources on business risks and other key topics. A podcast series by Allianz Insurance, produced by Fresh Air Production. See omnystudio.com/listener for privacy information.
From conflict and trade tensions to cyber attacks, supply chain disruption and climate change, risks facing businesses are becoming increasingly interconnected. So how can brokers prepare when past events may no longer be a reliable guide to what happens next? Our host, financial broadcaster and journalist Georgie Frost, is joined by Hanna Kam, Chief Risk Officer at Allianz UK, and David Abbott, Managing Partner of Insurance Services and Head of Global Risks at DWF, a global legal and business services provider. In this episode, we discuss: How geopolitical instability and economic uncertainty are reshaping the risk landscape Supply chain disruption and how businesses can build greater resilience War, political violence and the growing intersection between physical, cyber and AI-driven threats How insurers are responding to increasingly interconnected and hard-to-model risks Underinsurance, protection gaps and the broker’s evolving role as a strategic risk adviser. Follow the series for notifications about future episodes. You can watch the podcast on Spotify and YouTube | https://www.youtube.com/playlist?list=PLoLD_-KfE3a3mR38xel2jA58gVo3J6-Gs Want to help shape our future episodes? Share your ideas, thoughts and comments here | https://info.allianz.co.uk/insurance-tomorrow-podcast-survey.html Connect with us on LinkedIn | https://www.linkedin.com/showcase/allianzukbroker/ for broker insights and explore the Allianz Knowledge Centre | https://www.allianz.co.uk/broker/knowledge-centre.html for webinars, articles and resources on business risks and other key topics. A podcast series by Allianz Insurance, produced by Fresh Air Production. See omnystudio.com/listener for privacy information.
Autonomous vehicles are moving from science fiction to reality as legislation develops, driverless technology advances and on-the-road testing accelerates. But what happens to insurance when driverless cars start making decisions for themselves? New UK self-driving vehicle laws are expected to reshape liability and claims, as insurers, brokers and businesses prepare for the biggest change to motor insurance in decades. Our host, financial broadcaster and journalist Georgie Frost, is joined by Alexandra Wyard, Director of Product and Proposition for Personal Lines at Allianz UK, and Dominic Tough, Senior Research Engineer at Thatcham Research. In this episode, we discuss: How autonomous vehicles, self-driving cars and ADAS technology are changing the insurance landscape Autonomous vehicle liability, regulation and who pays when AI is ‘behind the wheel’? The role of vehicle data and risk assessment in a driverless future Robotaxis, autonomous fleets and the impact on commercial and personal insurance The importance of safety testing and human oversight as self-driving cars mix on crowded roads. Follow the series for notifications about future episodes. You can watch the podcast on Spotify and YouTube | https://www.youtube.com/playlist?list=PLoLD_-KfE3a3mR38xel2jA58gVo3J6-Gs Want to help shape our future episodes? Share your ideas, thoughts and comments here | https://info.allianz.co.uk/insurance-tomorrow-podcast-survey.html Connect with us on LinkedIn | https://www.linkedin.com/showcase/allianzukbroker/ for broker insights and explore the Allianz Knowledge Centre | https://www.allianz.co.uk/broker/knowledge-centre.html for webinars, articles and resources on business risks and other key topics. A podcast series by Allianz Insurance, produced by Fresh Air Production. See omnystudio.com/listener for privacy information.
How can businesses best defend their networks and day-to-day operations as cyber threats evolve and hackers make greater use of AI? Cybersecurity concerns topped the 15th annual Allianz Risk Barometer in 2026, making this an increasingly urgent issue for businesses everywhere. Our host, financial broadcaster and journalist Georgie Frost, is joined by Jack Wright, Head of Cyber Resilience at Allianz UK, and Jon Choi, Director of Insurance Risk Consulting at CyberCube, a global provider of cyber risk analytics software. In this episode, we discuss: · How the digital threat landscape is changing and what it means for brokers · Data breach incident response, vulnerability detection and network security · Cyber risk assessment, access management and AI-powered threats facing the insurance industry · Protecting a business’s digital ‘crown jewels’ · How much of a security danger is quantum cloud computing? Follow the series for notifications about future episodes. You can watch the podcast on Spotify and YouTube | https://www.youtube.com/playlist?list=PLoLD_-KfE3a3mR38xel2jA58gVo3J6-Gs Want to help shape our future episodes? Share your ideas, thoughts and comments here | https://info.allianz.co.uk/insurance-tomorrow-podcast-survey.html Connect with us on LinkedIn | https://www.linkedin.com/showcase/allianzukbroker for broker insights and explore the Allianz Knowledge Centre | https://www.allianz.co.uk/broker/knowledge-centre.html for webinars, articles and resources on business risks and other key topics. A podcast series by Allianz Insurance, produced by Fresh Air Production. See omnystudio.com/listener for privacy information.
What should brokers be focusing on as the insurance market faces another year of uncertainty and BIBA prepares for its annual conference?