Tag: FullCircl

In 2025, the InsurTech landscape is undergoing a transformation driven by shifting consumer expectations. The demand for instant services, hyper-personalised policies, and seamless digital experiences is pushing insurers to adopt cutting-edge technology at an accelerated pace. As AI and automation take centre stage, companies are rethinking how they engage with policyholders—balancing efficiency with the need for human interaction in sensitive cases.

BIBA has unveiled its 2025 Manifesto, "Partnering to Deliver More Value," at the Houses of Parliament, reinforcing the critical role insurance plays in the UK economy.

The global InsurTech market grew to 25.97bn in 2024 and is expected to reach approximately USD 496.56bn by 2033. This represents a remarkable compound annual growth rate (CAGR) of 38.8% from 2024 to 2033. This rapid expansion is being driven by innovations in artificial intelligence (AI), machine learning (ML), cybersecurity, and a growing emphasis on Environmental, Social, and Governance (ESG) practices.

As AI continues its ascent as a transformative force in the business landscape, the InsurTech sector has found itself as the latest realm aiming to tap into its remarkable potential. InsurTech Analyst recently spoke to a host of industry experts in a bid to unravel the profound impact AI is poised to have on the space. 

The landscape for insurance brokers, particularly small independent firms, is undergoing significant challenges as the cost of regulation reaches an all-time high. Due to this difficulty, FullCricl's Ashleigh Gwilliam has outlined the smartest ways to tackle the cost of regulation and drive growth.

FullCircl, a prominent player in the InsurTech sector, recently offered its perspectives on the British Insurance Brokers' Association's (BIBA) newly unveiled 2024 Manifesto.

Hedron Network, a subsidiary of Brown & Brown (Europe), has inked a significant three-year agreement to integrate with the recently launched FullCircl + Acturis solution.

Acturis has entered into a strategic partnership with FullCircl to provide brokers, insurers, and MGAs with a robust, context-rich, and interconnected data solution.