Insurtech Review of the Year 2024

Review of the year 2024 Insurtech

2024 was a busy year for insurtechs as insurers looked to make the most of artificial intelligence plus data analytics, but sector leaders reckon the industry will push the boundaries of digital transformation even further in 2025.

What was your highlight as a business in 2024?

Rich Tomlinson, managing director of Percayso Inform: I’m delighted with the progress that Percayso has continued to make over the past 12 months but, for

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ManyPets co-founder joins Bikmo as chair

Cycle insurer Bikmo has appointed Steven Mendel, co-founder of ManyPets and former CEO of its parent company ManyGroup as chair, subject to approval from the Financial Conduct Authority.

Q&A: Venkat Sathyamurthy, Tractable AI

Venkat Sathyamurthy, newly appointed CEO of Tractable AI, discusses his journey to the top of the insurtech and his plans for the company’s next stage of artificial intelligence focused growth.

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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