InsurTech Startups Will Recalibrate Strategy in 2023. New Trends for Growth
In 2023, as tighter VC funding cycles and recessionary pressures are being felt across the broader economy, we can expect insurtechs to face even more scrutiny
InsurTech evolution
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Insurtechs are the driving force of this evolution, and investors are taking note. Venture capital (VC) investment has grown faster than the more mature private-equity or public-markets funding. Private-equity investors are increasingly looking to invest sooner, further increasing the amount of capital flowing into the market.
This has created significant pressure on insurtechs to scale—and to do so quickly. While some insurtechs may choose to merge with incumbents, others will focus on scaling independently. The path to accelerating growth differs depending on the type of insurtech player. In this post, we focus on two common types: emerging carriers and distributors, and ecosystem players.
In this section, we have collected the most current articles and reviews on the topic of the InsurTech evolution.
Global InsurTech Data Highlights 2023: VC Investments, Deal Size & Funding Rounds
Global re/insurance brokerage firm WTW 4% has reported organic revenue growth to $8.866 billion, as net income for the year declined by 74% to $1.024 billion
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
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
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
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
InsurTech Market Will Reach of $165 bn in 2032. The Key Growth Drivers
Insurtech market is forecasted to reach a net worth of US$ 165.4 Bn in 2032 from a mere market value of US$ 12.5 Bn in 2021
