Insurtech Review of the Year 2023

Review of the year-insurtech

2023 will be remembered as the year the insurtech funding bubble burst but looking ahead to 2024 players in this part of the market expect providers to realise it is easier to buy systems than build them.

What was your highlight as a business in 2023?

Andy Yeoman, CEO of Concirrus: Our wide-ranging partnership with Applied Underwriters, which has been a catalyst for developing and deploying solutions

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Lack of trust in telematics hampering potential

After a survey found only 8% of respondents had received any communication from insurers about adopting telematics-based insurance to help reduce premiums, Fairer Finance’s James Daley said “telematics still doesn’t seem to be fulfilling its potential”.

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