What are the trends and developments in the InsurTech industry? Oliver Wyman’s report, The Future of InsurTech in DACH (DACH region), produced in partnership with Policen Direkt as part of their InsurTech Radar series, examines those changes and highlights the developments.
Their analysis currently counts 149 active InsurTech start-ups in Germany, 16 in Austria, and 44 in Switzerland. They identified considerable differences regarding start-up dynamics and the relative distribution of different InsurTech business models across the radar segments between the countries.
This year’s report also includes a survey of InsurTech founders to understand the impact of the COVID-19 pandemic had on them. It clearly shows that the majority of InsurTech start-ups have weathered the pandemic well — in most cases even emerging stronger than before.