Insurtech UK

Insurtech UK is thrilled to announce that we are an official media partner of Global Insurtech Awards, and that our CEO Melissa Collett has been selected as one of the judges for the awards. The Global Insurtech Awards 24 were launched to recognise and celebrate creativity and innovation within the global insurtech community, with several award categories recognising the huge variety of the industry. Nominations for the awards are currently open and will close on Monday 16th September, with winners to be announced online on Monday 21st October. You can enter for the Awards by logging in through the online portal here: https://lnkd.in/gvYdTRNu #GlobalInsurtechAwards #GIAs

We are excited to introduce four new Insurtech UK members! SHINC - leveraging insurance as a risk management tool for the bulk maritime industry to reduce, manage and limit their exposure to demurrage and weather risks in port. OpenCover protects the growing number of businesses transacting on blockchain networks against technical, economic, and cybersecurity risks. OpenCover’s real-time blockchain transaction cover and range of protocol covers recreate the safety net businesses rely on when transacting on traditional rails. Pascal Metrics is a patient safety & risk data analytics company serving healthcare across provider, medical malpractice insurance, payor, and life sciences sectors. Pascal commercialized top-tier research validating the use of electronic health record (EHR) data to measure clinical harm and cost. Pascal holds the largest data set of these clinically validated adverse event outcomes based on real-time EHR data – the key to applying AI in this market. Maximum Information - The natural hazards and disaster risk landscape is evolving rapidly. At Maximum Information, we provide automated tools that empower insures and reinsures to extract decision-relevant information from their catastrophe models, and implement reliable views of risk.

A warm welcome to three new Insurtech UK members - Clearspeed, Entsia and Synapse Ecosystems Clearspeed is the market leader for assessing risk in speech. Global organizations trust their highly precise, accurate and unbiased voice analytics to fast-track low risk while also alerting to possible fraud. Their clients and partners rely on the unique data we provide to improve their risk confidence, reduce their costs, and deliver an improved customer experience. Entsia offers a full lifecycle insurance administration platform, covering single risk retail products to complex commercial packages. They enable insurers to manage and distribute their products across multiple channels, both intermediated and direct. Their platform combines underwriting, distribution, credit control and claims management into one scalable and future-proofed solution, accommodating the needs of start-up to enterprise insurers. They also allow customers to integrate seamlessly with broker channels, enhancing distribution efficiency. Synapse Ecosystems is a global platform for improving the identification of core issues and collaboration between all colleagues across your organisation.

🌟 Join the Rapid Global Accelerator Program! 🌟 We are excited to invite InsurTech startups from around the globe to register for the second cohort of our Rapid Global Accelerator Program, taking place from November 11th to November 14th in Des Moines, USA. This program offers a fantastic opportunity to accelerate your growth, make valuable connections, and expand your market reach, particularly into the U.S. market. Participation is free and equity-free, ensuring you retain full ownership and control of your company. 📅 Dates: November 11th - November 14th 📍 Location: Des Moines, USA Over four action-packed days, you'll experience: 🚀 Workshops designed to fuel your startup’s growth 🤝 One-on-one meetings with international mentors 🏢 Company events providing insider insights 🌐 Networking opportunities with industry leaders Don't miss your chance to be part of this transformative program! Reserve your spot now and take the next step towards innovation and success. 🔗 For more details leave your contact information at the link below. - https://bit.ly/3WqKH5A #InsurTech #GlobalAccelerator #StartupGrowth #Networking #Innovation #Mentorship #InsurTechAccelerator

We are excited to announce three new members of Insurtech UK - Gigasure, Claim Technology and Rite NRG Gigasure is an innovative technology led, specialist insurance broking platform. We will build into a consumer champion brand starting with three specialist product verticals: Car Hire Excess, Travel and Pet. Our customers will interact with self-service digital tools, including a state-of-the-art native app, to quote, buy, amend and renew their policies. We will complement this with a comprehensive omni-channel administrative support centre to delight our policyholders. Claim Technology helps insurers, MGAs, TPAs and Brokers re-imagine claims. Our no-code/low-code design studio, cloud-apps and insurtech APIs empowers operations and IT teams to rapidly automate in the cloud, with plugins to a marketplace of 70 AI insurtechs.  Rite NRG are a Polish-Swedish IT consulting hub specializing in custom software development, delivery consulting, and digital transformation. With locations in Malmo, Wroclaw, and Krakow, our growing team of 85 experts delivers bespoke solutions for industry leaders. Areas of specialities: insurtech, fintech, banking, gaming, blockchain.

We would like to invite Insurtech UK members to our AGM followed by a Nexus report update 'One year on' and networking drinks reception taking place from 4pm on Tuesday 24th September at the London office of Insurtech UK principal partner, McKinsey & Company. The event will start with our Annual General Meeting. McKinsey will then host a discussion looking at one year since their 'Nexus of Insurtech' report was launched. We will also announce a guest speaker soon and the day will end with the networking drinks reception. We look forward to seeing our members there. *RSVP https://lnkd.in/eiguzTjs *This event is open only to Insurtech UK members.

Our CEO Melissa Collett was excited to host our first ever Insurtech Rocks last night to a great success! The bands that participated were Captain Courageous, Tutus, Lace & Whiskey, Blood in the Dojo and Ceidledhbilly Cruisers lead by Christopher Johnston from J.P. Morgan, Paul Roberts from CIExpert, Martin Kendall from Dark Spark Consulting and Chris Berlingieri. Thank you to all members who came along and supported the show.

Insurtech UK today launches a new Advisory Panel convening senior leaders from across the insurance industry to progress strategic priorities for the future growth of UK insurtech. As insurtech matures, the new Advisory Panel represents the next step in this important undertaking that was first initiated by Tech Nation’s Insurtech Board and established by HM Treasury. Building on these strong foundations, the new Advisory Panel integrates the ambitions of this previous Insurtech Board into the core aims of Insurtech UK - to make the UK a global leader for insurtech innovation - and strengthens the collective voice of the insurtech community. Working together to address industry challenges and to amplify opportunities, the Advisory Panel will define and deliver projects in key areas that will have the greatest impact on the insurtech sector’s ongoing development. The member companies are: Ageas UK, Aon, Applied Systems, Aviva, IRL (Innovative Risk Labs), Konsileo, Laka, Lloyd's, McKinsey & Company, PARAGON INTERNATIONAL INSURANCE BROKERS LIMITED, Pikl Insurance, QBE Ventures, Rnwl and Swiss Re Panel members include: Graham Davis, Suzanne Lawson, Blake Redrup, Phil Evans, Ed Gaze, John Warburton, Tobias Taupitz, Rosie Denée, Leda Zaharieva, Eloise Morgan, Louise Birritteri, James Orchard, Peta Kilian, Goncalo de Vasconcelos, Ruta Mikiskaite and Rob Onoufriou Our CEO Melissa Collett said: “I’m delighted Insurtech UK can serve as an accelerant for leading institutions to work with scaling firms on a mission to drive insurance innovation forward further and faster. Alongside our recent Roadmap of policy recommendations for the new government to support the sector, the Panel demonstrates how industry itself is showing proactive leadership in its approach to advancing insurtech. The Advisory Panel’s key themes - from partnerships and capacity, to finance, skills and scaling - are all essential to unlocking future insurtech growth across the UK.” The group is lead by Victoria Roberts Find the full press release at https://lnkd.in/gjDshWVu #advisoryboard #insurtech

Insurtech UK launches Advisory Panel to strengthen UK insurtech sector Building on the strong foundations of the Insurtech Board previously run by Tech Nation, Insurtech UK’s new Advisory Panel brings together founders of successful scaling insurtechs with innovation and venture leads at established insurance firms, to progress strategic priorities for the future growth of UK insurtech. Working together to address industry challenges and to amplify opportunities, the Panel will define and deliver projects in key areas that will have the greatest impact on the insurtech sector’s ongoing development. The Panel’s programme of work includes projects on promoting productive partnerships, increasing access to finance, capacity and talent, and supporting the ambitions of UK insurtechs to scale internationally. Find the full press release at https://lnkd.in/gjDshWVu

We are excited to announce that our CEO Melissa Collett has been nominated for Technology Champion of the Year 2024 at Insurance Times Tech and Innovation Awards. The winner will be revealed at the awards ceremony, which will take place on the evening of the 19 September at the Royal Lancaster London hotel. We hope to see many of our members there!