The Rise of Innovation
Insurance giants have long hoped to bring more innovation into their business, but strict regulations and long-standing processes have hindered their progress. This trend has slowly started to change as more investments in technology continue to increase. According to CB Insights, more than $4.15B was deployed into insurance tech startups globally with that number continuing to rise. But with so many startups continuously popping up, how can we differentiate from those that are fads and those that are worth our time?
Here are 10 startups that are making promising changes in the industry.