Posted: 2 Dec 2021 Resource Type: Research Report Download Back The UK has a longstanding tradition of insurance sitting at the heart of the financial and professional services sector, and it is energising to see innovation taking place in partnership with incumbent firms. Powering the fintech revolution – Innovating insurance highlights how technological innovation is being adopted to improve existing insurance models and is helping transform the insurance sector. €728m raised so far in 2021 UK insurtechs raised €728 million so far in 2021 across 21 deals, over a third of all European investment. This report draws on insights and case studies highlighting how insurtech has the potential to help the insurance industry reconnect with its existing customers and gain many new ones through services tailored to increasingly demanding consumers. With thanks to our partners at InsurtechUK - who provide support and representation for the sector. Featuring case studies from Flock, Bought By Many and Agvesto. Share: Share to LinkedIn LinkedIn Share to X Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Thought Piece How has the EU and UK relationship evolved in 2025? Dec 2025 - For his final blog of the year, Nick Collier looks back on EU/UK relations in 2025. How has the EU and UK relationship evolved in 2025? Thought Piece Sustainable Finance Innovation Wrapped Dec 2025 - Highlighting UK sustainable finance progress in 2025: convening the Transition Finance Council, advancing carbon markets and standards, and hosting NZDS. Sustainable Finance Innovation Wrapped Research Report Vision for Economic Growth: two years on Dec 2025 - Vision for Economic Growth set out nine big moves for government and industry in partnership. Our scorecard shows progress and next steps two years on. Vision for Economic Growth: two years on Multimedia Competitiveness benchmarking dashboard Nov 2025 - This interactive dashboard draws out seven key metrics to examine for the UK's offer in financial and professional services firms against those of other key international financial centres. Competitiveness benchmarking dashboard