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
InsurTech Startups
Insurtech startups refers to the use of technology innovations designed to find cost savings and efficiency from the current insurance industry model. Insurtech is a combination of the words “insurance” and “technology,” inspired by the term fintech.
Insurtech refers to using technology to make the insurance model more profitable, efficient, and effective.
Insurtech companies are profitable because they can offer innovative insurance products and services that meet customers’ needs and provide a better customer experience. By leveraging technology and data, they are able to lower costs and improve efficiency, which can lead to increased profitability.
In this section, we have collected the most current articles and reviews on the topic of the InsurTech Startups.
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
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
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
InsurTech Valuations Becomes Realistic, Startups Looking for M&A
Insurtech companies have been among the biggest victims of the public market sell-off, especially those that went public in 2021
10 Biggest US-based InsurTech Funding Rounds
Big funding rounds in InsurTech Sector seemed to slow down, as only one U.S.-based startup saw a round of more than a $250 mn
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 Bn1
100 InsurTech Startups List that Transforming the Global Insurance Industry
The new InsurTech100 list recognizes the world’s innovative technology providers that address the digital transformation in insurance
Since the war began, global reinsurers have bundled risks from Ukraine, Russia, and Belarus, excluding them from reinsurance contracts. This has reduced available capital and hindered economic stability
4 years after the pandemic began in 2020, many countries still report higher death rates. For Life and Health (L&H) insurance, this poses a challenge
The positive reinsurance market outlook comes from de-risking as much as pricing with changes in terms and conditions, rising attachment points and tightening of wording
ILS market remains a significant capital source for reinsurers in 2024. Alternative capital estemated at $110 bn, with the catastrophe bond market growing to $45 bn