Gibraltar Finance has recently signed a Statement of Intent with trade association, Insurtech UK, for both parties to work together in order to raise awareness of the Gibraltar insurance market.

The Statement of Intent includes a year-long plan to promote opportunities for UK-based insurtech companies in Gibraltar including working groups and trade missions.

By securing this agreement, Insurtech UK will ensure that all of its 115 members can have improved access to this important regulatory market, a Government spokesman said in a statement.

Meanwhile for Gibraltar, this is an important partnership to showcase its reputation as an increasingly important financial services hub in Europe, and to ensure more UK businesses expand into the market.