Insurtech unicorn Marshmallow joins Association of British Insurers
Marshmallow, a UK-based motor insurtech unicorn, has joined the Association of British Insurers (ABI).
Marshmallow’s membership comes after a period of rapid growth in 2021, which saw the business valued at $1.25 billion, making it a unicorn in the UK.
ABI said Marshmallow will contribute to the changing policy landscape in the insurance sector, share best practices and work to support the insurance industry, both in the UK and overseas.
James Dalton, ABI director of general insurance policy, said: “We are delighted to welcome Marshmallow as our latest member. ABI’s membership continues to reflect and represent the ever-changing nature of the insurance and long-term savings markets, and I look forward to engaging with Marshmallow on the wide range of issues and opportunities for the motor insurance market.”
Oliver Kent-Braham (pictured), co-founder and co-CEO of Marshmallow, said: “The UK insurance landscape is fast-evolving, and, as part of the ABI, we’re pleased to be at the forefront of this change. This sector can minimise the impact of disasters on both consumers and businesses alike, and we’re looking forward to working alongside the ABI to fulfil this responsibility. We’re committed to engaging in ways which make insurance more inclusive and transparent to deliver better outcomes for customers and the industry as a whole.”
Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
Already registered?
Login to your account
If you don't have a login or your access has expired, you will need to purchase a subscription to gain access to this article, including all our online content.
For more information on individual annual subscriptions for full paid access and corporate subscription options please contact us.
To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.
For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk
Editor's picks
Editor's picks
More articles
Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze