InsurTech Futures: London's future as InsurTech hub threatened by Brexit

Brexit

Experts urge insurance sector to collaborate with InsurTech start-ups to attract talent to the UK market.

The UK insurance sector is “underplaying its opportunity to be the hub for InsurTech”, according to Wrisk co-founder Niall Barton.

At an All Party Parliamentary Group on Insurance and Financial Services meeting in London on 6 March, the former Oxygen group CEO stated that Brexit was an underlying issue for InsurTech.

“It leads to the question of whether London is the future centre of InsurTech,” Barton continued.

Meanwhile Oke Eleazu, chief operating officer at Bought By Many, added: “We need

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

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.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: