18 UK insurtech startups to watch: from peer-to-peer and by-the-hour insurance, to back office tools for insurers

Scott Carey
Scott Carey

Scott Carey

Scott is online editor at Techworld and ComputerworldUK.

Share

In April 2017, Andrew Brem, chief digital officer at insurance group Aviva admitted the insurance industry is "not known for its incredible radicalism".

That could be about to change, thanks to the UK's rapidly growing pool of insurance technology - or insurtech - startups. That trend, along with the development of mobile apps, investing in digital channels, hiring tech talent and analysing customer data, means the UK insurance industry is finally moving into the digital age.

Read next: How UK insurers are embracing digital innovation with mobile apps, gamification and customer data analytics

Recent research from London accelerator Startupbootcamp InsurTech and PwC, based on more than 1,300 startups across the world, shows that 75 percent of incumbent insurers "believe the biggest impact to the industry will come from building new products in order to address the changing needs of the customer".

Here are some of the most innovative insurtech startups in the UK trying to build those products today...

Share