PwC UK launches InsurStart: Connecting Insurance Startups with Capital, Expertise and Opportunity

PwC UK has launched InsurStart, a new acceleration programme for emerging Insurance companies, Managing General Agents (MGAs) and nascent risk carriers.

Emerging underwriters, MGAs and infancy risk carriers are being invited to pitch their ideas to a panel of senior PwC leaders and market experts. Successful candidates will join the InsurStart cohort and benefit from a period of targeted support through a tailored programme focused on unlocking key enablers for insurance start-ups. This includes support on:

• Regulatory readiness: practical guidance on navigating the regulatory authorisation process, including target operating model design, SMF appointments, and regulatory interaction.
• Business Planning: ​PwC’s actuarial and strategy specialists will challenge and refine organisations’ business plans and offer advice on go-to-market approach.
• Capital Access and Structuring​: Corporate Finance and structuring experts will help organisations explore funding options and legal structures. Where appropriate, introductions will be made to potential investors and capacity providers or other stakeholders. ​
• Technology Insight​: advice on identifying and deploying scalable, fit-for-purpose technology platforms, drawing on PwC’s partnerships and experience in digital enablement.
• Recruitment Support:​ help defining and attracting key leadership roles.

Applications for the programme have opened this week, with pitching commencing on 11 December. 

Hannah Vaughan, PwC Partner and InsurStart Chairperson, said:

“We’re really excited to invite the UK’s brightest emerging underwriters, MGAs and infancy risk carriers to take part in PwC’s InsurStart. This is more than an accelerator. It’s an opportunity for new organisations looking to scale to work alongside trusted industry experts as they accelerate towards their business goals."