Centro de Documentacion de Fundación MAPFRE - The State of global insurtech 2023

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<abstract displayLabel="Summary">The insurtech industry has been on a roller coaster in the last two years. Insurtech came firmly into the venture capital scene in 2020-2021 before falling into a disillusionment phase due to the poor performances of a few notable players and a broader market downturn. The so-called "death of Insurtech 1.0" has cast the whole insurtech space away from the spotlight, but the insurance industry is still a massive market undergoing major transformations. Insurtech is still a massively underfunded area. We believe in its medium and long-term success when moving away from growth-at-all cost and focusing on operational efficiency and profitability, guided by deep insurance expertise and techWith this report, we want to bring transparency through data and qualitative insights on the current state and trends of global insurtech.The report has been developed by Dealroom.co, Generali, Mundi Ventures, MAPFRE, and NN Group, drawing on the partners? collective insurance innovation expertise and insights from insurtech innovators and leaders</abstract>
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