Insurtech UK’s Post

🚨 Only TWO WEEKS to go until nominations close for the Global Insurtech Awards! 🚨 If you are an innovative company or an industry leader who is transforming the world of insurance through technology, now is the time to recognise their hard work and groundbreaking achievements. 🌍💡 The Global Insurtech Awards celebrate are here to celebrate pushing boundaries, driving innovation, and shaping the future of the insurance industry. Don’t miss your chance to spotlight the talent and creativity that’s leading the industry! ⏳ Deadline: Just #twoweeks away! Nominate now and celebrate the best in Insurtech. ⬇ ⬇ ⬇ Link to the #onlineportal is in the comments below ⬇ ⬇ ⬇ #Insurtech #GlobalInsurtechAwards #InnovationInInsurance #InsuranceIndustry #NominateNow #GIAs

🚨 Only TWO WEEKS to go until nominations close for the Global Insurtech Awards! 🚨 If you are an innovative company or an industry leader who is transforming the world of insurance through technology, now is the time to recognise their hard work and groundbreaking achievements. 🌍💡 ⏳ Deadline: Just #twoweeks away! Nominate now and celebrate the best in Insurtech. ⬇ ⬇ ⬇ Link to the #onlineportal is in the comments below ⬇ ⬇ ⬇ #Insurtech #GlobalInsurtechAwards #InnovationInInsurance #InsuranceIndustry #NominateNow #GIAs

Our colleagues from Pro MGA Global Solutions recently attended the 2024 Insurtech Insights Europe Conference in London. The feedback from the event was one of a hive of activity and dynamic discussions - a resounding success, gathering industry leaders, innovators, and stakeholders to explore the challenges, growth opportunities, and exciting future growth trajectory of the insurtech sector.  The ever-growing importance of technology in our industry - and the roles insurtechs play - is really important. Read the five key takeaways from our colleagues at Pro MGA Global Solutions: https://lnkd.in/eyxBThTu  #insurtech #insurance #innovation #Digitisation

🎥 Rainbow’s Touran: Insurtech looking to capitalise on dislocation in admitted SME market Watch the FULL exclusive interview here👇 https://lnkd.in/eezVNrKs The founder of Rainbow has said the exodus of admitted carriers from select classes and geographies is giving the SME-focused insurtech a leg up in capturing business, while leveraging an agency distribution model. Bobby Touran | Rainbow | James Thaler | Target Markets Program Administrators Association (TMPAA) You will hear more on: ✅ Why the SME-focused insurtech is targeting restaurants as its first admitted BOP program before launching into other verticals ✅ Rainbow’s independent agent distribution strategy ✅ The data Rainbow leverages to underwrite risks quickly and efficiently ✅ How the pullback of admitted lines carriers is giving him firm an opportunity ✅ Insurtech fundraising conditions and greater investor interest in SaaS platforms ✅ Why the insurtech would be reluctant to pursue a full-stack strategy #TheInsurerTV #NewsinFocus #MGAs #insurance #reinsurance #insuranceinterview #reinsuranceinterview #insurancemarket #reinsurancemarket #insurancenews #reinsurancenews

Have you submitted your entries for the Global Insurtech Awards yet? Nominations are still open! 💻 Remember, you can enter in UNLIMITED categories! If you qualify for more than one, feel free to enter as many as you like. There are twenty-three categories to choose from. Log in to the online portal to check the criteria, impress our stellar panel of judges, and make your mark in the global insurtech market! 🌍 Link to the portal in the comments! ⬇ #GlobalInsurtechAwards #InsurtechExcellence #InnovationInInsurance #InsurtechLeaders #AwardWinningTech #InsurtechInnovation #InsuranceReimagined #TechInInsurance #FutureOfInsurtech #LeadingInsurtech #InsurtechPioneers #Insurtech2024 #InsurtechRecognition

The Global Insurtech Awards nominations process is still open to enter into! Login through the online portal, take a look at the categories and get drafting your entries! 📝 💻 🌎 #GlobalInsurtechAwards #InsurtechStars #InsurtechAchievement #TechForInsurance #InsuranceExcellence #InsurtechGameChangers

We’ve once again been shortlisted for BusinessCloud’s InsurTech 50, which celebrates the UK’s most innovative insurtech companies. Support us by voting in the comments below and help us reach the top spot! #BusinessCloud #Insurwave #Insurtech #Specialtyinsurance

USA sprint is a wrap 🤩 Thank you Megan Kuczynski, Kristoffer Lundberg and team Insurtech Insights for the invite and congrats on a successful event! This is my first time to the NYC show and I really enjoyed it, definitely worth the painful flight! 😅 NYC fantastic trip with so many impactful conversations. I really enjoyed our awesome panel on amplifying outcomes via distribution partnerships. Global insurer, insurtech, and American insurer made it as super well rounded and fun discussion. The key takeaways were: 📣 Communication between partners is the key to build trust and avoid drift. It was repeatedly highlighted as a key ingredient. The way that it can be done is through establishing regular cadence and also making sure to meet and maintain curiosity about priorities for the partner. 🏎️ Start building - sometimes it’s best to skip the PoC that will be thrown away, and rather just build together for the first month. This will be a most realistic litmus test for cultural and priority fit. 😵 Expect ups and downs, as with any relationship, successful partnerships are not the perfect ones but rather the ones that effectively overcome challenges together. #insurtech #insurance #insurtechinsights InsurTech Asia Association

I have always had a soft spot for ICE InsureTech. Here are some reasons why:- 1. They have Industry Award winning PAS and Claims solutions, which tick all the technical boxes re:- - Cloud native - Low code/no code - A library of dynamic Open Business API's. etc. 2. A fully referenceable customer base, with proven delivery capability in B2B, B2B2C and B2C distribution channels for Personal Lines, including delivering against the quirkiness of electronic trading for the UK and Ireland. As I have seen over many years, many suppliers often bracket EDI as an 'integration project' and really don't understand the intricacies associated with Polaris and Insecom standards. 3. A highly experienced and credible senior management team, which keeps a pulse on industry trends, specifically connected insurance, in which, arguably they could be seen as market leaders. They just quietly deliver, on time and in budget. I have no personal commercial interest in promoting ICE InsureTech but thought in this very noisy world of #Insuretech, it might be helpful creating awareness in my network.

🚀 Exciting News from The Albany Group! 🚀 We are thrilled to announce that we have been recognised as one of FinTech Global's InsurTech100 companies for 2024! 🎉 This prestigious list celebrates the industry's leading firms that are not only tackling pressing challenges but also reshaping how insurers engage with customers through innovative technology. The InsurTech sector is booming, with the market size projected to grow from $18.7B in 2023 to $25.9B in 2024. By 2033, we expect this market to reach an impressive $496.5B, reflecting a remarkable 38.8% CAGR! 📈 This year’s InsurTech100 features an incredible lineup of innovative companies, each making significant strides in areas like underwriting, claims management, and customer engagement. We're proud to stand alongside trailblazers, who are revolutionising the industry with their cutting-edge solutions. The competition was fierce, with over 2,100 nominations meticulously reviewed by industry experts, and only the most impactful companies made the cut. 🏅 Richard Sachar, director at FinTech Global, stated, “The InsurTech100 is a vital resource for industry leaders looking to stay ahead of the curve. These companies are driving real innovation and providing the tools insurers need to navigate the complexities of digital transformation.” A huge thank you to our supporters and to all the fantastic companies recognised this year. Together, we’re shaping the future of insurance! The best is yet to come! #InsurTech100 #Innovation #Insurance #FinTechGlobal #CelebratingInnovation