Tim Hardcastle, chief executive and co-founder at Instanda, explains why his firm entered the Business Partner of the Year – Data and Technology award

Why did you put yourselves forward for the category?

Tim HardCastle

Tim Hardcastle, chief executive and co-founder at Instanda

Quite simply, the work we’re proudest of has never been ours alone.

Alongside a tier-one carrier’s underwriting and technology teams, we co-created a world-first – a commercial fleet capability that can price anything from a single vehicle to a schedule of 40,000, while every pricing decision stays firmly with the underwriter.

Our nomination shares how the same principles hold just as true for a high growth specialist MGA and a broker-led business, operating in very different lines at very different scales.

What unites all three is a simple conviction – our role as a business partner is to place more control in our clients’ hands, restoring agency where it is most needed. That felt like a story worth sharing with judges.

What do you think makes your entry stand out and why should you win the award?

Plenty of partnerships deliver a rapid first launch. What’s rarer is the momentum that comes after.

One specialist MGA took under four months to launch its first product and every product since has followed in six weeks.

A tier-one carrier’s fleet programme began with 19 integrations and now runs more than 50 from the same blueprint, underpinned by a centre of excellence tasked with rolling the model out across multiple commercial lines.

A broker-led business adjusts pricing in hours rather than weeks.

Each time, capability has migrated to the client, which is the truest test of a successful business partnership.

What would winning this award mean to you and your firm?

It would belong every bit as much to the client teams who shaped this work alongside us as to our own people.

Beyond that, I think it would send a meaningful signal to the market. Deep co-creation reshapes an entire business, not simply a project.

It would also affirm the direction the industry is moving in, towards technology that restores agency to insurers and MGAs, so they can act on their own judgement whenever market or customer expectations shift.

That’s the ambition behind everything we build and it is a privilege to see it recognised.

Get in touch

For events enquiries: events@insurancetimes.co.uk

For sponsorship enquiries: aisha.roberts@insurancetimes.co.uk

For Tickets/Table sales enquiries: serena.giampieri@insurancetimes.co.uk

Topics