FCA signs agreement with US regulator to promote insurtech innovation

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The Financial Conduct Authority has signed an arrangement with the US Commodity Futures Trading Commission to support each other’s insurtech initiatives, Lab CFTC and FCA Innovate.

The agreement between the two regulators will help to support fintech firms looking to scale and expand into each other’s respective markets; Post understand this will extend to insurtech and regtech

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Was 2024 the ‘Year of Reality Check’ for insurtechs?

Content Director's View: With territorial withdrawals and scaling back on products, Jonathan Swift asks whether 2024 represented the year the UK insurtech space got a reality check; and mulls whether a second Summer of Insurtech could soon be around the corner.

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