Insurtechs are at the forefront of the movers and shakers and mould breakers of the re/insurance world. Intelligent Insurer selects its top 25 to watch
From pioneering flood modelling to unlocking the next generation of risk assessment in cyber and health, not to forget democratising access to financial protection, the innovation and ambition among insurtechs knows no bounds. We’ve carefully selected the top 25 insurtechs that are hot to trot, and growing at pace, to celebrate and showcase the latest developments as they scale up and continue to disrupt the status quo.
As the cyber insurance market continues to grow, At-Bay prides itself on being a cybersecurity insurance company that helps businesses meet digital risk head-on. Founded in 2016 in San Francisco Bay, the US insurtech offers comprehensive cyber and tech E&O policies that are tailored to the specific needs of every business. It helps brokers navigate complex cyber and specialty insurance products and conducts what it describes as a non-invasive security scan to assess a business’ cyber risk without needing special access. The company also uses its active risk monitoring services to continuously scan for cyber threats throughout the life of every policy because cyber risk is dynamic and constantly evolving.
Launched in 2016, this startup secured a $50 million investment in its 2020 Series B funding round and has used that to build its digital platforms offering a range of instant life insurance solutions. The insurtech has said it wants to transform the traditional life insurance landscape by “democratising” access to financial protection. To do this, the firm is using its tech to make insurance easier to access for millions of underserved families. The Munich Re-backed digital life insurance carrier has also launched its Bestow Foundation, a non-profit organisation created to assist those in need of financial support during a crisis or disaster.
Top 25 insurtechs in 2022 - movers and shakers, insurance, cyber, platform, digital, risk, technology, capital, market, flood, expansion, protection