Fintech Is Dead: All Hail Insurtechby@colby-tunick
641 reads

Fintech Is Dead: All Hail Insurtech

tldt arrow
Read on Terminal Reader🖨️

Too Long; Didn't Read

In 2020, the US insurtech market is valued at a miniscule $538M. In 2025, insurtech is forecasted to be a $262 billion industry, making it the fastest growing secret that only a handful of individuals have heard about. The industry is growing at a mighty 30.30% compound annual growth rate. The crux of insurtech innovation is the use of big data, machine learning, and SAAS. The old agent & broker insurance model is being disrupted as carriers roll-out direct to consumer (B2C) tools.

Companies Mentioned

Mention Thumbnail
Mention Thumbnail
featured image - Fintech Is Dead: All Hail Insurtech
Colby Tunick HackerNoon profile picture

@colby-tunick

Colby Tunick

Learn More
LEARN MORE ABOUT @COLBY-TUNICK'S EXPERTISE AND PLACE ON THE INTERNET.
react to story with heart

RELATED STORIES

L O A D I N G
. . . comments & more!
Hackernoon hq - po box 2206, edwards, colorado 81632, usa