Lloyd’s Lab Drives Insurance Innovation with $1 bn in Capital for Startups
Lloyd’s Lab accelerator has become a major force in insurance innovation, securing over $1 bn to support startups transforming the industry, launching 6 years ago
InsurTech
InsurTech refers to technological innovations that are created and implemented to improve the efficiency of the insurance industry. InsurTech powers the creation, distribution, and administration of the insurance business. Insurtech is a combination of the words “insurance” and “technology,” inspired by the term fintech.
Insurtechs target primarily pure risk insurance, where they have developed access points to the value chain based on innovation. Technologies such as telematics and the Internet of Things have enabled new product development in motor, home, and health that drive customer engagement and retention.
Insurtech Funding in 2024: Stabilization Trends, Insights & Key Drivers
Venture capital funding in insurtech startups is stabilizing, driven by breakout-stage startups in Series B and C. Projections indicate it will reach $4.2 bn
Generative AI Attracts Increased Venture Capital Funding in 2024
Venture capital funding for generative AI startups is on track to exceed 2023’s record-breaking levels. In the first three quarters of 2024, GenAI startups raised over $20 bn
6 Top Insurance Claims Management Software Platforms 2025
Insurance claims management software can streamline intake, evaluation, validation, payouts and closure. Unfortunately, not all platforms are built to the same standard
State of Insurtech in Latin America: 2024 Funding & Ecosystem
Insurtech funding in Latin America hit a historic low of $26 mn in the first half of 2024, a 78% drop from the same period in 2023
11 Key Recommendations from Insurtech UK for Policymakers
Insurtech UK has released a roadmap with recommendations for policymakers to maintain and enhance the UK’s leadership in insurance innovation
Global InsurTech Funding in Q1 2024: Role of AI in Insurance
Global InsurTech funding fell to USD912.25 million in Q1’2024, the lowest since Q1’2020. The industry saw no quarterly USD100 million+ mega-round deals
2024’s Top-Performing Insurance and InsurTech Stocks
InsurTech companies rank among the top-performing US insurance stocks in early 2024. The US insurance technology space has grounds for optimism
Why Insurers Go to Online Insurance, Telematics & Artificial Intelligence?
Though the stock market is still driven by enthusiasm for artificial intelligence, businesses devoted to insurtech, or the revolution of insurance through technology
Global Landscape of Insurance Digital Transformation
Insurance Digital Transformation refers to the comprehensive integration of digital technologies into all areas
UK InsurTech Sector: What is the Key Success UK Startups?
The United Kingdom is positioned as a global leader in the field of insurtech. A flourishing ecosystem of start-ups, investors, and incumbents is working together
How InsurTech Can Optimize Pet Insurance Industry?
A recent survey pet insurance buyers in the UK about their feelings on pet insurance pricing, availability, products and service offering
InsurTech`s evolution and investment landscape. Categories startups & VCs
InsurTech Startups are developing new approaches to traditional activities, such as underwriting and claims management. Categories startups
Investment in InsurTech. TOP 10 Startups by the most venture capital
Insurtechs are the driving force of this evolution. Venture capital investment has grown faster than the more mature private-equity or funding
InsurTech Startups Will Recalibrate Strategy. New Trends for Growth
As tighter VC funding cycles and recessionary pressures are being felt across the broader economy, we can expect insurtechs to face even more scrutiny
Global InsurTech Investment Trends. Top 20 InsurTech Investors
2023 was a truly global year for InsurTech investing with 1,528 international investors participating in 521 deals, raising a total of almost $8 billion
Global FinTech & InsurTech Funding Highlight & Investment Trends
Global fintech funding reached $75.2B — marking a 46% drop, but up 52%. Insurtech M&A exits rose 40% to 81
Global InsurTech Data Highlights: VC Investments, Deal Size & Funding
According to Global InsurTech Report, 2024 began with a lot of uncertainty, with a number of macro factors impacting venture capital & InsurTech
InsurTech Has Failed to Disrupt the Insurance Industry
The idea that the centuries-old insurance industry is ripe for disruption by new technology has been pulling in investors and entrepreneurs for years
InsurTech Sector Overview: Global Investment Recovers
Investment in the insurtech space increased by 8.3% from the opening quarter of the year to $2.41 billion
How InsurTech & FinTech Leaders Avoid Burnout & Overwhelm?
Insurance is a stressful game, especially if you’re in a leadership role. It’s unlikely that as a insurtech founder, you’re adverse to challenges, setbacks, or obstacles
InsurTech Market Faces a Valuation Decline. How Insurers Can Take Advantage?
For nearly a decade, insurtechs have experienced rapid growth and skyrocketing valuations. But in 2022, investors’ optimism tempered by compounding pressure
The Future of Insurance, InsurTech & 5G in a IoT-connected Ecosystem
As 5G towers begin to conspicuously populate our communities, we ask what the technology will mean for the insurance industry
Digital Life Insurance. How Technology-First Insurers Solves Data Problems?
Awareness for life insurtechs among millennial active shoppers has climbed almost 30% in the last 12 months. And technology has matured
InsurTech Outlook: Moving from Infrastructure Investment to Value
Insurers have frequently taken a piecemeal approach to technology modernization, transforming system by system, function by function, and app by app
32% of surveyed insurance executives identified these issues as a significant macroeconomic risk, ranking 5th after inflation, recession, market volatility, and geopolitical tensions
Insurance Europe supports the European Commission's ambition to build a Savings and Investments Union. The insurance sector plays a crucial role in achieving the SIU's goals
Lloyd’s Lab accelerator has become a major force in insurance innovation, securing over $1 bn to support startups transforming the industry, launching 6 years ago
Venture capital funding in insurtech startups is stabilizing, driven by breakout-stage startups in Series B and C. Projections indicate it will reach $4.2 bn