Review of Solvency II: Insurtech UK Consultation Response

The creation of an Insurance Mobilisation Regime is welcomed by Insurtech UK as an indicator by the PRA that it is willing to adapt its current processes to support new entrants into the market. However, Insurtech UK believes that the Insurance Mobilisation Regime, in its current proposed form, could be improved by additional measures to achieve the objectives set out by the PRA and HM Treasury of encouraging new entrants into the sector and boosting innovation and competition within the UK insurance market.

Read our full response here