Analysis

UK insurtech sector ‘remains in most optimal place’ – Gallagher Re

By 2024-02-12T08:00:00

Uk bulb innivation garland

An ’overcorrection’ in the insurtech sector has laid the foundation for a 2024 ’uptick’, says global head of insurtech

The UK insurtech sector “remains in the most optimal place to be successful” in terms of proximity to different stakeholders despite global insurtech funding plummeting to the lowest level seen since 2018, according to Andrew Johnston, global head of insurtech at Gallagher Re.

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