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 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 Research Report Exporting financial services to the world Nov 2025 - The UK is the world’s first choice supplier of financial and professional services, helping businesses around the world prosper. Find out more about the UK's innovative financial services sector, and its role as a global leader in attracting investment. Exporting financial services to the world News City of London Corporation Autumn Budget Response 2025 Nov 2025 - As the UK Government’s trusted partner across financial and public service delivery, read the City Corporation's Budget submission City of London Corporation Autumn Budget Response 2025 News Sterling 20 Oct 2025 - 20 of Britain’s largest pension providers and insurers have launched Sterling 20, a new partnership to invest billions into UK infrastructure, innovation and renewable energy. Sterling 20