We’re delighted to have been selected for the 2018 PwC Scale InsurTech cohort – a 12 week programme designed to help fast-growth and high potential InsurTechs scale through connections to insurance industry leaders and decision-makers.
Nine of the brightest international InsurTech businesses have been identified to undertake a 12-week programme, helping them to raise their profiles, identify commercial opportunities and prepare their business to scale. The programme, which will take place in London, introduces the companies to potential customers, industry decision makers and leading experts who may become customers, market advisors, or even business partners.
PwC’s 2018 CEO survey found that 85% of insurance CEOs are concerned about the pace of technological changes – more than leaders in any other industry. Jonathan Howe, PwC’s Global InsurTech Lead, has also warned insurance brokers that they are not immune from the disruption created by InsurTechs and that they should be responding to developing technology.
The Scale programme facilitates partnerships and collaboration between innovative InsurTechs and established insurance organisations, keen to capitalise on the potential of partnerships in driving profitability and growth. According to the PwC CEO Survey, nearly half of insurance CEOs are planning a new strategic alliance or joint venture over the next 12 months.
Further information can be found in PwC’s press release.