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Brokit has been announced as the runners up in of global law firm Norton Rose Fulbright’s sixth annual Insurathon, a competition to identify and support the most innovative tech start-ups and scale-ups within the insurance sector. Nicholas Berry, head of Norton Rose Fulbright’s InsurTech practice and founder of the Insurathon, said: “Since its inception in 2017, the Insurathon has given us the opportunity to meet some incredible talents, with innovative business concepts that have the potential to truly transform the sector....

We’re happy to announce that we have been awarded a Smart grant by InnovateUK, the UK’s innovation agency arm. Smart is highly competitive and out of 950 applications in the round, we were one of only 72 projects who were successful in securing funding. Stay tuned to find out more about what we’re building.

Had a great time talking about my experiences as a solo founder. You can listen to the full chat here. Episode Summary This week we speak to David Mark, Founder & Managing Director of Brokit. Episode Notes In this episode, we hear about David’s solo founder journey. David was born in Nigeria and moved to London when he was 7. He always had a passion for technology and coding, that he carried through into his adult life....

Really interesting stats from EY’s Global Consumer Insurance Survey that show there is high churn among insurance customers but also high demand for digital channels: 38% - Customers who claim to be advocates but cancel policies or switch providers 80% - Customers willing to use digital and remote channel options for different tasks and transactions You can read the full article and their thoughts on tech trends of the future here....

A client asked me how they could improve their application forms. Being a bit of a nerd I did some research and came up with 3 things. The second was: Make it relevant A study published in Oxford’s University’s Public Opinion Quarterly showed that people are more likely to complete a survey when it is relevant to them. The same applies to insurance application forms and factfinders. Nothing turns off a client like seeing questions that are not relevant to them....