Although there are still new InsurTechs being regularly announced, the total number has stabilized in the range of 1,200 due to exits of various kinds. (Photo: Shutterstock)
The investment and activity related to the InsurTech movement that began about 4-5 years ago show few signs of abating. If anything, the movement is transitioning into a new phase.
But before even evaluating whether InsurTech is maturing, it's important to set some definitions and boundaries. Although some consider any tech firm with insurance solutions to be "InsurTech," for our purposes, we are focusing on recent InsurTech startups, typically those that have been launched in the last five years.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
