Insurtech at centre of UK’s trade delegation visit

Insurtech at centre of UK’s trade delegation visit

Insurtech at centre of UK’s trade delegation visit

Insurance technology (insurtech), as well as two other emerging fields in the financial technology (fintech) arena - regulatory and blockchain technologies - will take the spotlight during a trade delegation’s visit to Australasia in March.
 
The UK’s Department for International Trade (DIT) will send a delegation consisting of 11 successful UK fintech companies to promote fintech opportunities in Australia and New Zealand, CryptoCoinsNews reported.
 
The trade mission will be participated in by the following 11 UK companies: Aire; Clarus; ClearMacro; FundApps; Ingage; Iwoca; Neyber; ObjectTech; Onfido; Sybenetix; and Tradle. The participants will hold a five-day program from March 20-24 that will include a number of events, such as workshops and meetings.

Want the latest insurance industry news first? Sign up for our completely free newsletter service now.
 
The fintech delegates, accompanied by regulators and government officials, will visit local startups and hubs in Sydney and Melbourne. They will then go to Auckland in New Zealand.
 
“We look forward to welcoming our first UK fintech delegation to showcase the opportunities that exist in Australia and New Zealand for UK companies and to foster greater collaboration between our countries in this rapidly developing and growing sector,” said Michael Ward, director for UK Trade and Investment.
 
The delegates will also pitch to potential customers and partners, including venture capital firms and financial institutions; meet with ministers and regulators; and interact with UK companies with operations in the local fintech community.

 
Related stories:
Tech to ‘complement not replace’ insurance
Brokers face ‘considerable’ change thanks to tech