Sønr Insurtech Briefing – Q2 2021
Introduction
Welcome to our latest Sønr Insurtech Briefing. We created this to help you stay abreast of Q2’s key insurtech trends, including the views of some of the industry’s biggest names. And what a quarter it was with:
- $17B being pumped into the sector
- 233% increase in deals compared with Q1
- 47% of those being early stage investments
- 3 key trends to explore: the rise of Open Innovation, the worlds of finance and insurance converging and Life & Health going strong
This obviously includes analysis of investment into start and scaleups that are directly impacting insurance. But it’s worth calling out that we take a deliberately broad view of this – including, but not limited to what we’ve traditionally called ‘insurtechs’.
We do this because it’s critical for insurers to understand both aspects in order to gain a clear view of the forces which may impact their business.
You’ll also find spøtlights on three companies who landed big old funding rounds – helping you understand key players in the insurtech landscape. And, as a special treat for our Sønr customers, you can access a handy Watchlist of all the companies featured by clicking here.
You can download the briefing from the bottom of the page or read on to check out interviews with our guest contributors.
Interviews
In fact, for this report we couldn’t resist reaching out to Éric Allombert who is the Chief Marketing and Communications Officer at one of our European clients – Wakam. Éric shares Wakam’s vision for what insurance of tomorrow looks like and how, using a 4-step, 6-week process, they’ve managed to secure 50+ partnerships during the first half of 2021.
We also catch up with Nigel Walsh, Managing Director of Insurance at Google, who talks through his transition from consulting, his views on the current state of insurance and the role he sees Google playing in the future of the industry.
A big thanks to both Éric and Nigel for their time!
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Download the Q2 2021 Insurtech Briefing below:
