UK software firm CDL opens insurtech incubator
Insurtech software provider CDL has established the CDL Incubator to support start-ups in the sector. The Stockport-based firm hopes to inspire investment into research and development as it expands its capabilities. CDL recently launched a chatbot option for customers to create tailored car and home insurance quotes with their mobiles.

Software house says incubator will support start-up ideas and accelerate time to market for new technology developments.

CDL has launched the CDL Incubator, a provision to support start-up ideas and accelerate the development of innovative new technologies for the insurance sector and beyond.

The software specialists stated that the move is one of a number of new initiatives to increase investment in research and development as the company continues to build its portfolio of InsurTech solutions and capabilities.

According to CDL, the new incubator creates a framework for continuous innovation which will