Industry body Insurtech UK has agreed a partnership with JP Morgan Payments. The deal will see JP Morgan Payments collaborate with Insurtech UK on events and thought leadership projects. Insurtech UK said the deal was a ‘major step’ in its development.

Melissa Collett (pictured), CEO of Insurtech UK, said: “This is a fantastic opportunity for our members to have access to JP Morgan Payments’ global expertise in a rapidly changing insurance market. We know that JP Morgan Payments is a dedicated partner and will bring exceptional value to all our members through their insights and facilities.”

Darren Snoxell, head of insurance for EMEA at JP Morgan Payments, added: “We are excited to work with Insurtech UK to help drive innovation and transformation in the insurance sector. JP Morgan Payments brings a wealth of experience in global financial services and this collaboration signifies our commitment to staying at the forefront on industry advancements.”