2023 a ‘year of near misses’ for fintech insurers: Markel’s Rugg
Last year saw sharp interest rate rises and the drying up of capital markets, as well as several high-profile bank failures, yet despite these factors, increased market capacity and growing interest from brokers are contributing to a softening rate environment in fintech
US specialty carrier’s head of fintech says structural economic factors made 2023 an ‘interesting year’ for financial institutions underwriters