InsurTech Futures: Industry warned of Brexit impact on InsurTech

Brexit

InsurTech has reached a crucial stage, with more investment and an increasing number of start-ups being created, according to Startupbootcamp InsurTech and PwC’s 2017 trend report.

According to the research InsurTech start-ups are becoming increasingly sophisticated, tackling more complex problems that are more closely aligned to insurers’ needs.

Brexit
In terms of Brexit, Startupbootcamp noted in the report that the UK’s decision to leave the EU had so far had a limited effect on InsurTech,

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