For most of 2015 I have been banging on about disrupting insurance (or Instech, if you like that kind of jargon). I’d like to use this blog post to talk about why I find it exciting. 1. Insurance is an enormous market Life insurance premiums are $2.3 trillion globally. Non-life insurance premiums are $1.4 trillion globally. (both numbers are from 2012, from Mckinsey report linked to below). I don’t get to write the word trillion often when looking at market sizes. Importantly for a European VC, Europe is a disproportionately large chunk of this, coming in at $700B of life and $400B of non-life . And London, as the place insurance was invested, remains its biggest global hub