InsurTech Futures: Investment in UK InsurTech soars to record levels
London remains European centre for InsurTech investment, says Accenture as £218m is ploughed into the sector.
Investment in InsurTech in the UK has surged to record levels, according to Accenture analysis of CB Insights data.
Accenture noted that this is a “sign of confidence in the UK as a global hub for insurance technology”.
The figures showed that investment in UK InsurTech has increased to £218m in the first half of 2017, compared to £7.3m the year before.
According to Accenture, the UK’s decision to leave the European Union has not impacted the amount of investment coming into the InsurTech
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