Insurtech UK co-chairs meet with Economic Secretary
Insurtech UK had an excellent meeting yesterday with Andrew Griffith MP, Economic Secretary to the Treasury and City Minister, discussing all things insurtech!
Our Co-Chairs Luisa Barile and John Warburton spoke about the need for strong HM Treasury support to bolster investor confidence and regulatory backing to remove barriers and unlock growth for insurtech businesses as we head into a crucial year for the sector.
VAT, Solvency II, financial inclusion and R&D were all also on the agenda. It was encouraging to see alignment on these topics and a recognition of the unique challenges that insurtech faces from a policy and regulatory standpoint. We agreed to work closer together to address these issues going forward.
There was also discussion on some future plans which we will collaborate on... watch this space!
