A new report produced by Whitecap Consulting has revealed one of the UK’s most flourishing InsurTech hubs outside London, and predicts Norfolk’s 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.
Click here for more results from the report or to download and read the full report for yourself.