A strategic InsurTech cooperation between PoloWorks and PwC UK aims to transform insurance services.

PoloPartners was founded in response to an acknowledged need in the insurance industry for a customized, technologically advanced, and unique service solution. With an initial focus on captive solutions for corporate clients, PoloPartners is well positioned to meet this demand by utilizing Lloyd's recently formed Captives program. The company's goal is to provide a distinctive, end-to-end service experience.

With the combination of PwC UK's sizable insurance business and PoloWorks' proficiency in regulated insurance platforms, PoloPartners is well-positioned to provide clients with unmatched service. By offering a solid outsourced option, this partnership aims to address the industry's problems, including regulatory monitoring and cost pressures.

PoloWorks is a company with a track record of providing innovative insurance solutions, supported by its regulated platforms and wide range of service offerings. PwC UK, on the other hand, is well regarded for its leadership in the insurance industry and its consulting skills; it provides size, market intelligence, and a standing for excellence and technical innovation. Together, they seek to offer actuarial, claims administration, risk and compliance, financial, and other tech-enabled full insurance management services.

"PoloPartners epitomises our commitment to innovation and client-centric solutions, leveraging cutting-edge technology and industry expertise," said Richard Lawson, CEO of PoloWorks, summarizing the core of the alliance.

"PoloPartners have an unmatched customer proposition - adding value to the insurance market - thanks to the seamless integration of PoloWorks' Regulated platforms and service resources with PwC's insurance practice, which brings scale, market insight, and a reputation for quality and technological innovation to the partnership."

"This partnership is an exciting opportunity for us to create value for our clients in a new way and is fully aligned with our strategy to work with insurance businesses to help solve challenges, build trust, unlock value, and transform," said Alex Bertolotti, head of insurance at PwC UK, echoing the sentiment. Working on this project with PoloWorks, a reputable and expanding player with a proven track record, excites us especially.