Earnix

The Evolution of Pricing: InsurTech Influence in the UK Market

  • Pricing

In this session, Justin Clarke, Chief Underwriting Officer at ManyPets, discusses the rise of InsurTech in the UK market, tracing its development over recent years and exploring its future trajectory.

It examines the threats faced by InsurTech companies, highlighting the challenges they currently encounter. It also highlights many of the opportunities before them, especially in areas where they can help traditional insurance carriers such as modern technology, integrated data solutions, and the ability to implement changes much more quickly.

Additionally, this session delves into the implications of InsurTech on pricing strategies for both InsurTech firms and traditional insurers, exploring how these dynamics may stimulate innovation and competition in the market.

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