Not an InsTech article per se, but rather an excellent analysis of whether Europe will ever deliver its fair share of successful tech start-ups.
Importantly for the InsTech community is the comment by the well respected investor David Galbraith who says London is the natural place for successful FInTech start ups to grow. I would assert that the combination of concentration of insurance companies and FinTech industries in London means that we're very well positioned to be the source of the real InsTech game changers. No pressure!
For Galbraith, there are only two industries left where the potential is high enough to matter, and where the big players don’t already have an insurmountable advantage: financial technology and the “internet of things”. The former, he argues, is a natural fit for a London-based startup looking to rule the world; the latter, for a Berlin-based company seeking to extend Germany’s formidable lead in manufacturing machine tools into the digital age
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