Our blog contains short snippets from our full research coverage. We release new content regularly, so check back often for the latest insights.
Today we would like to introduce the Insurance Technology startup ecosystem. As of right now, we are tracking over 465 companies in 13 categories across 46 countries, with a total of $3.54 Billion in funding. To see the full list of 465 Insurance Technology companies, contact us using the form on www.venturescanner.com.
Last year I wrote about how the first connected car killer app was already here in the form of User-Based Insurance (UBI). As a quick reminder, UBI is when an insurance company is able to measure exactly how you drive (via telematics) and provide you an insurance policy tailored to your specific habits. Drive aggressively and pay more. Drive safely and pay less.