As the industry’s burgeoning insurtech sector shows no sign of slowing down, we have spent months compiling a list of 100 insurtech firms we believe have the potential to transform the industry—and thus to succeed as companies in their own right. This list was compiled based on the results of a global online survey which prompted our readers to nominate companies they have been impressed with. This was complemented by the work of our in-house research team and the knowledge of our editorial staff. The companies featured here are of all sizes and many are far from startups—what they have in common is their ability to make a tangible and positive difference to aspects of the risk transfer industry globally.
Suppliers
Founded in 2015, AardvarkCompare is a US-based travel insurance comparison platform for seniors. It compares travel insurance options from a curated set of policy options and shares trip protection reviews, plans and ratings. Prices that are presented are never marked-up, according to the company. Every year, AardvarkCompare donates 10 percent of its profits to its charity partner Special Operations Warrior Foundation, which supports the children of fallen heroes.
Founded in 2017, AkinovA is a regulated electronic marketplace for the transfer and trading of re/insurance risk. Although it’s an independent marketplace, AkinovA is backed by Hiscox, MS&AD, a large analytics corporate, Plug and Play Insurtech, New York-based marketplace venture capitalist FJ Labs, Israel based VC FinTLV and others.
AltViz makes intelligent automation simple, helping companies access, analyse and act on data to improve business performance. The London-based company’s Intelligent Automation Platform combines artificial intelligence, machine learning, big data and cloud technologies into configurable components. It connects siloed data, people and processes across the enterprise to inform and scale complex operational processes.
Anivo was founded in 2015 in Zurich, with the aim of meeting the market need for high transparency on insurance products and prices in combination with individual advice. The company supports customers with its technology platform to develop innovative insurance products in the shortest possible time, introduce them to the market and distribute them highly efficient.
Aquarium's software platform is the most comprehensive and complete platform to enable insurers to create, manage, control and administer insurance policies using digital tools, according to the company. Founded in 2006 and initially specialising in pet insurance, the platform now manages pet, gadget, travel and health insurance for large insurers and consumer finance brands.
London-based Artificial provides insurers and customers with a frictionless insurance experience, as well as helping brokers, underwriters and MGAs with the distribution, negotiation and selection of risk through its suite of modular applications.
Assurely is an insurtech that creates and distributes insurance products for changing industries. The technology platform was founded in New York in 2016, to create and deliver new, adapted, and existing insurance products for innovative industries and emerging marketplaces.
Founded in 2019, ATOM was formed to create a simple interface to manage the entire insurance transaction chain. Based in Dubai, ATOM is an end-to-end underwriting, e-commerce, data analysis, claims management and accounting solution offering an integrated and open platform to insurers, brokers and managing agents supporting their transition to a fully digital experience.
Glasgow-headquartered AutoRek provides a range of financial, operational and regulatory reporting and control products that help firms know their data, understand their data and report completely and accurately on their data.
Bambi’s data driven cloud platform enables insurance companies, mobility service providers, original equipment manufacturers and their ecosystem to offer their consumers vehicle insurance products with a new approach for product offering and customer engagement.
