Meet the techies: Freddy MacNamara warns brokers could be history in ten years

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Cuvva CEO Freddy MacNamara predicts that tech could change broking forever and calls on brokers to understand insurtech now.

What is your company doing in the InsurTech space?

I think Cuvva is the UK's first ever car insurance app that allows you to get fully insured on any car for as little as an hour.

Cuvva is the first and only insurer in the UK to offer car insurance by the hour. We are also the first to sell insurance natively on mobile.

Behind the scenes we have cut out the middle-men and built a platform that lets us go directly to underwriters for pricing, with direct integrations to third parties. Our

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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