Analysis

TechTalk: Unpicking insurtech’s female underrepresentation problem

By 2022-11-04T11:11:00

women in tech

Industry commentators cite ’a representation problem’ in the insurtech market - but how has this come about and what can be done to redress the gender balance?

According to Aviva’s chief innovation officer, Ben Luckett, ”female entrepreneurs currently lead just 4% of UK tech startups”, reinforcing the common industry-wide perception that there is an inherent lack of female founders and chief executives in the insurtech sector.

Katie Palencsar, Anthemis Group’s managing director and global head of venture studio, agreed with Luckett’s sentiment - she told Insurance Times that “there is a representation problem within [insurtech and startup] firms”.

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