Prepared Mind: The insurtech landscape and five predictions for the future

Mapping out the insurtech landscape

Insurtech is a huge, global $6 trillion industry. While it’s certainly been hotting up over the last year in particular, it remains an industry dominated by legacy practices that are ripe for change, and we’re still at the early stages of innovation. In fact, we believe we’ve only seen a fraction of what’s possible in this space. Since our last Insurtech Prepared Mind in 2017, there’s been massive growth in activity and annual insurtech funding has increased by more than 3x.