Insurtech UK is delighted to welcome Barclays to the community as our newest partner member.
Barclays is a diversified bank with comprehensive UK consumer, corporate and wealth and private banking franchises, a leading investment bank and a strong, specialist US consumer bank. Through these five divisions, the company works together for a better financial future for its customers, clients and communities.
Melissa Collett, CEO of Insurtech UK, said: "The Insurtech UK community is growing stronger every day, as we continue to expand our membership in pursuit of our mission to boost UK insurance innovation.
"One of our key areas of focus this year has been to further support our member insurtechs to gain access to finance. Earlier this year, we launched our new Investor Network to connect ambitious insurtechs with the investors offering the expertise and capital they need to scale their operations.
"Welcoming Barclays as a banking partner is yet another boost to our membership offering and we look forward to working closely with its team over the coming months to see how its diverse offering can support our sector’s goals."
Amanda Allan, Head of Financial Institutions at Barclays, said: "We are pleased to become a Banking Partner for Insurtech UK. The UK insurance technology sector continues to play an important role in innovation across financial services. Through our specialist relationship management teams and expertise across financial services, Barclays looks forward to working with Insurtech UK and its members."