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 News Employer Pension Pledge Jul 2025 - The Employer Pension Pledge aims to enhance the value of pensions by promoting a focus on value for money rather than just cost when selecting pension providers Employer Pension Pledge Research Report The future of financial and professional services investment in the UK Jul 2025 - A proposition for the creation of a financial services Investment Hub, a single national platform to streamline investor engagement and unlock billions in capital for growth. The future of financial and professional services investment in the UK Research Report Regulating for growth: A cultural shift for a competitive UK Jul 2025 - 10 practical recommendations to embed a pro-growth mindset: from smarter supervision and faster approvals to proportionate consumer protections and modernised frameworks. Regulating for growth: A cultural shift for a competitive UK Research Report Unlocking AI skills in financial and professional services Jun 2025 - A bold, practical proposal to address the UK’s AI skills gap in financial services. Unlocking AI skills in financial and professional services