Hadron Insurance enters UK market after acquiring Folgate.

February 8, 2024
1 min read

TLDR:

– Insurtech company Hadron Insurance is expanding into the UK market following its acquisition of Folgate Insurance Company.
– Hadron aims to address deficiencies in the global hybrid insurance model, including improving service quality, enhancing data and technological efficiency, and adding value to program partners.
– The acquisition marks a significant expansion for Hadron, extending its presence from the US to the UK.

Insurtech company Hadron Insurance is entering the UK market with its acquisition of Folgate Insurance Company, as it seeks to address deficiencies in the global hybrid insurance model. The company aims to improve service quality and efficiency through enhanced data and technology, adding value to its program partners. Hadron provides flexible capacity and reinsurance services to Managing General Underwriters (MGUs) seeking specialty insurance coverages. The acquisition of Folgate Insurance Company will expand Hadron’s presence from the US to the UK.

Latest from Blog

Your Daily InsurTech Briefing – 2024-02-21

Let’s see what’s in the news today. Sure launches innovative offering to liberate insurance industry from legacy vendors Sure, a leading insurance technology provider, has unveiled its latest innovation that liberates carriers,

Tech insurance careers: where AI meets opportunity.

TLDR: Sedgwick Insurance claims administration is offering early career professionals stability, innovation, and impact. Role-based automation leveraging AI tools is transforming the insurance industry. Sedgwick Insurance claims administration has become a desirable

Your Daily InsurTech Briefing – 2024-02-20

Let’s see what’s in the news today. Pekin Insurance implements Guidewire Cloud to power core business Pekin Insurance, an Illinois-based multi-state property and casualty (P&C) insurer, has announced that it has implemented

Customer experience is crucial for InsurTech success.

TLDR: InsurTechs need to focus on customer experience to attract and retain clients. Technology, automation, simplicity, and personalization are key elements in enhancing customer experience. In today’s business landscape, customer experience (CX)