London is insurtech capital as UK attracts record investment
London remains the "undisputed centre" for insurtech investment, despite the uncertainty wrought by the Brexit vote, according to data from CB Insights. It found H1 2017 investment in the sector was £218m ($283m), compared with £7.3m the previous year, and 30% of all European insurtech deals were done in the English capital. The report also revealed investors flocked to cloud computing, the internet of things and big data technologies, while the number of deals rose 75% during the first six months of this year.
London remains European centre for InsurTech investment, says Accenture as £218m is ploughed into the sector.

Investment in InsurTech in the UK has surged to record levels, according to Accenture analysis of CB Insights data.

Accenture noted that this is a “sign of confidence in the UK as a global hub for insurance technology”.

The figures showed that investment in UK InsurTech has increased to £218m in the first half of 2017, compared to £7.3m the year before.

According to Accenture, the UK’s decision to leave the European Union has not impacted the amount of investment coming into the InsurTech