Insight into the £20 billion contribution of Insurtech to the UK economy: Perspectives from Insurtech UK, disclosed at ITC Vegas 2023 by FF News.
In a recent interview at ITC Vegas, Melissa Collett, CEO of Insurtech UK, discussed the significant growth in the UK's Insurtech sector and the role of Insurtech UK in driving this development.
Insurtech UK, a vital organisation aiding the evolution of the UK's insurance industry, has become a cornerstone of the sector, now worth an impressive £20 billion to the UK economy. The company offers its members access to funding, pushing exciting companies forward and contributing to the sector's growth.
During the interview, Collett shared insights into the factors driving this growth, emphasising her passion for making the UK a global hub for insurance innovation. She highlighted the organisation's mission and vision, which is to support and nurture the Insurtech sector, ensuring its continued success and growth.
While there is no available information on who founded the company 'Investment in Insurance Innovation' in the UK or the exact date it was established, it is clear that organisations like Insurtech UK play a crucial role in fostering innovation and driving the growth of the UK's Insurtech sector.
The interview provided valuable insights into the UK's Insurtech sector, offering a glimpse into its current state and future potential. As the sector continues to grow, it is clear that Insurtech UK will remain at the forefront, driving innovation and supporting the next generation of Insurtech companies.
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