The Norfolk FinTech Report 2024

Report predicts emerging FinTech cluster could be worth £100M within three years. • Norfolk is home to the highest proportion of InsurTech firms in England, outside London, and also has the most concentrated insurance workforce outside the capital. • Financial services in Norwich contributes more than 20% of the city’s GVA, amounting to more than £1bn. • Norfolk performs strongly for female-led FinTech businesses, with 1 in 5 firms having a female founder, higher than other regions in England.

Simplifai Claims Processing solution available powered by InsuranceGPT

Simplifai announced the availability of Simplifai Claims Processing, powered by InsuranceGPT. Simplifai Claims Processing delivers support for full end-to-end claims processing, ensuring insurance companies can take on more clients without increasing costs or wait times. Simplifai Claims Processing delivers robust cost and time savings, ensuring both insurance companies–and their clients–are happy, all while ensuring that a human is in control. The first version will be targeting the Dutch Motor insurance market, with other markets and...

Joshu achieves SOC 2 Type II Recertification

Joshu, the platform to build, distribute, and grow digital insurance products, is pleased to announce the company recently achieved System and Organization Controls (SOC) 2 certification. The American Institute of Certified Public Accountants (AICPA) SOC 2 certification assures Joshu customers the highest recognized standards of information security compliance in the world are in place. The SOC 2 Type II certification specifically ensures all information stored on the Joshu Platform is secured to the design and structure of the proper...

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