InsurTech

As your advisers, we can help you plan and implement the integration of new technologies, whether for internal business purposes, or for use by your insureds. We understand the needs of every type of participant in this rapidly evolving area, due to our extensive insurance sector expertise and our depth of experience in advising technology vendors.

Overview

Our specialist insurance technology (InsurTech) offering is tailored for insurance companies, and the technology suppliers they rely upon. Because we understand both the insurance market as well as the practical details of new technologies, we can help you achieve your goals confidently, and securely.

We advise all the major insurers and reinsurers and routinely work with brokers and funders. This gives us an unparalleled position in the market to advise any insurance firm on their internal IT systems and use of personal data, as well as on their customer-facing apps and platforms. We know what this means for insurance companies in real terms, as many of our 50-strong team of technology lawyers have worked on business critical IT projects for insurance companies, to include those involving the international transfer of highly sensitive personal data.

Our recent InsurTech experience includes matters involving innovative solutions focusing on claims handling, enhanced customer experience, analytics systems, underwriting, product development comparison sites, and more.

This depth of expertise provides a competitive advantage for you through our nuanced understanding of the sector, and the challenges facing it. Our specialists can help you achieve your goals quickly and effectively, while minimising risks.

As we work for national and international organisations, we can apply our understanding of global business and cross-border activity so that you are getting the best advice wherever you are.

Featured experience

  • Advising on an IoT pilot with Dell to look at the personal data collected from wearable devices, and to assess the potential for insurers to use the data from such devices to predict lifestyle changes and a consequent propensity to buy new insurance products.
  • Negotiating on behalf of a sector-leading fraud detection membership organisation its contractual arrangements with its main software provider.
  • Advising multiple claims administration and claims systems companies on their contractual arrangements with coverholders.
  • Advising a product development InsurTech business on its funding arrangements.
  • Advising an underwriting platform on its contractual framework with insurers.

What our clients say

  • Always willing to help and understand what you’re trying to achieve in a personable, understanding fashion.

    Legal 500 UK 2023, IT and Telecoms

  • I have always found the DAC Beachcroft team to be knowledgeable, well versed with our business and industry, responsive and providing excellent advice and service.

    Legal 500 UK 2023, IT and Telecoms

InsurTech key contacts

Who we are

Why choose DAC Beachcroft?

We’re a broad-based commercial firm serving a wide range of sectors with a strong heritage in insurance,
health and real estate. We combine excellent legal skills and cutting-edge delivery expertise to design
solutions that fit the needs of our clients – often involving clever uses of technology.