As a few of you might know, I have accepted the managing director position at Startupbootcamp Insurance this week. I am very excited by this great opportunity to bring innovative thinking and concepts to the insurance sector.
My Head of Research, Colin Allison, and his team just reviewed over 1,000 startup ideas, concepts and product offerings that passed through our doors. Colin compiled below a snapshot of the key trends we see entering the industry.
I am sure you will not be surprised by some of the themes identified here.
Colin has promised to come back with some really interesting stats on the areas with the most demand and interest in the industry. Colin will do so during the course of the next few weeks.
Insurance startups have raised well over $800M in 2015 alone and I have already explained some of the ways the industry is changing. We are always asked, “what exactly is an insurance startup, and why do you talk to so many different types of companies?” So, we have compiled a database of over 1,000 insurance startups the world over and have found a few areas that technology will have some serious impact