When it comes to insurance innovation, UK insurtechs are leading the way on the world stage.
The strength and vibrance of the UK insurtech scene is such that young, dynamic UK firms are capitalising on opportunities and bucking global investment trends to access the funding they need to expand and grow their operations overseas.
And, here at Insurtech UK, we’re right behind them every step of the way.
Making strides on the global stage
We already know that the UK is home to the world’s fastest-growing pool of insurtech companies, with more insurtechs per capita than any other major economy.
The findings of our 2025 Insurtech Report, produced in collaboration with our partners McKinsey and Co, show that new UK insurtechs are 50 per cent less likely to fail to get their business off the ground than those in other countries around the world.
This may be in part due to the fact that analysis also shows the UK insurtech sector has consistently attracted the second largest share of funding in the world after the USA since 2019. For the past two years, that amounted to about 5 per cent of total global insurtech funding.
What’s more, when UK insurtechs secure deals, those deals are consistently larger than those of secured by insurtechs in other European countries.
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