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Infographic: Insurtech Funding 2016 in USA, Germany and UK
For the second year in a row Finanzchef24 is publishing an overview of funding rounds for insurtech companies. The leading German digital broker for business insurance took a close look at startups as well as at established companies, comparing the markets in Germany, UK and USA. The overall result for 2016: In Germany alone over 82.4 million US-Dollars have been invested in insurance technology companies.
See Infographic: Insurtech Funding 2016 in USA, Germany and UK
“In 2016 the insurtech sector clearly demonstrated that it is more than just a temporary hype”, says Felix Schollmeier, co-founder of Finanzchef24. “The overall investment volume confirms the global interest to transform the insurance industry using modern technology.”
The infographic shows: in particular companies within the category Direct Insurer/Tied Agent targeting a B2C-audience, raised the highest funding. Furthermore insurance-related software and sales tools equipping insurers or sales organization with novel technologies have enjoyed increased global demand. Third, in the US market insurtech startups targeting the B2B/SME market gained significant investors’ interest.
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