Shaping Government policy affecting UK insurtech
As the voice of UK insurtech, we work hard to promote the sector within Government and to campaign for policy changes that will help UK insurtech maintain and grow its global standing.
As the voice of UK insurtech, we work hard to promote the sector within Government and to campaign for policy changes that will help UK insurtech maintain and grow its global standing.
In spring 2025 an Insurtech UK delegation of insurtech CEOs visited HM Treasury to discuss how insurtech is driving innovation and growth in financial services.
We discussed topics critical to Insurtech UK’s member firms including:
Plus more details from our Roadmap for UK Insurtech Growth setting out the key policies needed to sustain and strengthen the UK's position as a global insurtech leader.
Insurtech UK’s Government Affairs group welcomed representatives from the Prudential Regulatory Authority (PRA) and Financial Conduct Authority (FCA) to discuss all things related to authorisations, supervision and regulation.
The regulators updated Insurtech UK members on the aims and features of the new mobilisation regime introduced at the start of 2025, with discussion of how this aims to make it easier to become authorised as a new insurance company in the UK.
We also heard about the latest developments in Solvency II/UK, including increasing the thresholds at which the regime applies in order to give smaller insurance firms more headroom to grow.