Harnessing the right technology to optimise business outcomes
In today's rapidly evolving insurance landscape, technology plays a pivotal role in driving results via innovation, enhancing operational efficiency and delivering superior customer experiences. InsurTech is therefore a topic of huge interest for all within our industry as we navigate this ever-evolving space.
Gallagher Re’s InsurTech practise vets InsurTech businesses at scale with the goal of bringing best-in-class technology into the industry through partnerships with clients, technology integration and advisory. We focus on solving business problems via technology rather than the technology itself, leveraging over 2,500 InsurTech businesses and allowing clients to benefit from our research, insights and experience.
This unique perspective leads us to concentrate on the commercial issue itself, helping clients solve problems by offering two distinct services on the two distinctive types of business seen in this space:
- InsurTechs that are technologically enabled risk carriers
- InsurTechs that offer technology as product and/or service to the (re)insurance industry, e.g., SaaS providers
Our expertise in the reinsurance and InsurTech sectors allows us to provide strategic guidance, reinsurance capacity solutions and implementation support to our clients and InsurTechs. Our advisory and reinsurance capacity solution aims to bridge the gap between the insurance and technology sectors, enabling our clients to capitalise on the vast opportunities of the InsurTech evolution.
Assistance through every step of your InsurTech journey
We serve InsurTechs:
- By supporting clients who embark on their journeys of digitisation
- As clients
- As a concept — research and insights
InsurTechs as companies can be two things — digital insurers and tech providers for (re)insurers . We offer traditional broking services to the first type of InsurTech, and client advisory services for the second. We've tracked, catalogued and vetted thousands of InsurTechs in the space and continue to track market activity and conduct deep research and development.
And for clients, we guide them every step of the way — from putting their capacity to work, all the way through to advising on best back-office technology.
Providing a full suite of client advisory services
Whether you’re looking for a state-of-the-market update, are adding InsurTech as a service to your existing business or are interested in deploying risk capacity or investing, our client advisory services can help you harness the power of Insurtech.
