The UK insurtech landscape is continuously evolving. Our latest survey discovers how funding has shifted toward value chain enablers and the opportunities new technologies are presenting.
Insurtech UK is delighted to share our principle partner McKinsey & Company’s report into the success of insurtech in the UK, compiled from the results of our joint survey conducted in 2025.
Key takeaways:
💥The UK insurtech industry has seen persistent success despite cooling trends in global insurtech investment.
💥The UK is home to the world's fastest-growing pool of insurtech companies, with the number of insurtechs growing 7 per cent since 2022. It still has the highest number of insurtechs per capita among major economies.
💥The UK insurtech population is made up of around 25 per cent insurance entities and 75 per cent value-chain enablers.
💥Funding is back on the up, with funding rounds in 2024 rising 8 per cent on 2023 figures. Since 2019, the UK insurtech sector has attracted the second largest share of funding in the world after the United States. Between 2022 and 2024, the United Kingdom secured about 5 percent of global insurtech funding, ahead of larger countries and emerging economies such as India and China.