Trade association Insurtech UK is seeking to secure better access to capital for its start-up members through the launch of an investor network. At the same time, the association has also published its Investment Guide for Insurtech Firms, which provides guidance on the support available and steps to take to secure investor backing.

The founding members of the investor network are: Apax Digital, BlackFin Tech, Eos Ventures, Insurtech Gateway, InsurTech NY, Molton, MTech Capital and Outward.

Melisa Collett, chief executive officer of Insurtech UK, said: “The network’s founding members have been carefully selected for their proven expertise in, experience of and commitment to helping to scale young companies to achieve bigger and better things. We know that when these investors choose to back a company, an individual or an idea, that they really champion it.”

Stephen Brittain, co-founder of Insurtech Gateway, added: “Insurance remains one of the biggest opportunities for technology entrepreneurs, but it’s also one of the hardest industries to break into.

“The UK continues to produce exceptional insurtech founders tackling some of the toughest
challenges facing businesses and society. But success depends on more than access to
capital. Founders also need access to industry expertise, partners and customers who can
help turn good ideas into scalable businesses.”