Insurance Times: Ticker is a ‘soonicorn’

In a recent interview with Insurance Times, our founder and CEO Richard King discussed what’s next for Ticker.

He talked about our recent partnership with Abacai to increase capacity, based on our shared vision for insurtech. Ticker is investing heavily in enhancing pricing sophistication with machine learning and AI, an area of strength for Abacai as well as Ticker.

After the success of our connected products for van and novice drivers, we’ll very soon be launching pay-per-mile and convicted driver propositions. In 2022, there’ll be an electric vehicle product, a proposition for drivers new to the UK and a product for older drivers.

With these products, “run-rates will in that time double to £100m GWP.”

“I like to think of us as a soonicorn – soon to be a unicorn. The UK unicorns have a couple of years’ head start on us but we’re catching up.”

Richard King
Ticker founder and CEO

Read the interview with Insurance Times for more about what’s next for Ticker.

Soonicorn - Insurance Times