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What the Budget means for insurance innovation
Tim Hardcastle, CEO and founder of INSTANDA commented: “As an insurtech, naturally we are supportive of anything that promotes innovation, particularly within the insurance industry. It’s therefore great to see increased measures introduced yesterday that benefit both R&D investment and tax credits and will in turn will play a significant role in supporting future innovation.
“Whilst the help is of course welcomed and will be important for the insurance industry, I believe that there is more that could and should be done from within to foster innovation, stimulate growth and frankly be a better industry all in all. In particular, insurance carriers need more options available to them to address the challenge of creating secure and scalable technology solutions. This is a challenge for which a solution is far greater than simply receiving more R&D support. It requires a mind shift more generally, one in which the industry opens up and embraces technological developments that are already readily available to them here today.
“Over the last three years in particular, we have seen an increase in insurers recognising the importance of working with insurtechs to drive digital transformation and bypass outdated legacy systems. This is promising, but there is still further to go. Ultimately, the winners will be those who embrace this technological evolution, and innovation will only truly be embedded once this mind shift takes force across the industry as a whole.”
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Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation
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CLS Appoints Six New Board Directors
CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announces the appointment of six new members to its Board of Directors at the CLS Annual General Meeting held on 9 June 2026.
Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World
Mobey Forum’s Fraud Expert Group has published a new report, Rethinking Fraud in a Connected World: Trust, Collaboration, and Resilience in the Digital Ecosystem, exploring how fraud is evolving beyond traditional banking threats and why stronger collaboration across industries is becoming essential.
SumUp Launches in Canada
SumUp, the global financial technology company, today announced its official launch in Canada. The milestone makes Canada SumUp's 38th market and its latest step in building out its presence across the Americas, as the company continues its mission to make commerce simpler and more accessible for all businesses worldwide.
European Fintech Association Elects New Board of Directors
The European FinTech Association (EFA) today announced the election of its new Board of Directors, bringing together senior leaders from across Europe's fintech ecosystem to guide the Association's work over the coming term.
G+D: Navigating the Future of Fintech Agility and Innovation
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Connect IFA Strengthens Leadership Team to Drive Growth and Enhance Adviser Support
Connect IFA Ltd is pleased to announce key leadership appointments designed to strengthen its commitment to growth and enhance the support it provides to advisers and network members.