Six insurers have signed up to the Fintech Pledge, tech platform Tech Nation has revealed.
Tech Nation revealed Admiral, Aviva, Brit, esure, Lloyd’s and Munich Re Digital Partners signed up to the pledge, which is supported by HM Treasury and seeks to sets world-leading standards to accelerate the growth of the UK’s fintech sector by promoting valuable partnerships between financial institutions and tech scaleups.
This latest commitment follows last year’s launch of the pledge across the UK banking sector.
“We’ve set out a plan for a more open and technologically advanced financial services industry – and the Fintech pledge is accelerating our progress towards this goal,” John Glen, economic secretary to the Treasury, said.
“By committing to help fintech firms onboard, large established financial institutions are sending a clear message that the UK is the best place in the world to develop innovative financial services. I’m pleased to see insurers making the commitment to boost their partnerships with insurtechs, and ultimately deliver better services for people and businesses across the UK.”
