The Institutes

Startups Are Invading The Multi-Trillion Dollar Insurance Industry

 Wednesday, September 30, 2015


From policy-comparison engines to tech-enabled health coverage and insurance tools for on-demand workers and use cases, startups are invading the multi-trillion dollar insurance industry — and investors are chasing them. Here’s a brief rundown of what’s happening in the world of insurance tech startups. Companies targeting the insurance tech space raised $2.12B since 2010, a whopping $1.39B of which has come since the start of 2014. 2015 is already the biggest year on record for insurance tech, as the chart below highlights, spurred by Zenefits’ huge $500M round.

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