The insurtech’s chief executive tells Insurance Times that he aims to make the Building Safety Register an official organisation at a time when leaseholders are facing extortionate insurance premiums in the aftermath of the Grenfell tragedy
It all started when the Grenfell Tower tragedy happened in June 2017, this incident shone a spotlight on the difficulties surrounding UK building safety.
After recognising the problems that the buildings industry had with record keeping, regulatory compliance and the management of risk, Matt Hodges-Long, chief executive at insurtech TrackMyRisks and co-founder of Insurtech UK, saw technology as a possible solution to this dilemma.
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