Key Insights
The European InsurTech market is poised for substantial growth, propelled by accelerated digitalization, evolving consumer preferences for personalized and convenient insurance, and the integration of cutting-edge technologies such as AI and blockchain. The market size is estimated at 286.44 billion by 2025, with a projected Compound Annual Growth Rate (CAGR) of 6.09%. Key growth drivers include a digitally adept consumer base embracing online insurance platforms, the escalating demand for efficient and cost-effective insurance solutions across all sectors, and supportive regulatory frameworks fostering industry innovation. Leading companies like Wefox, Clark, and Coya are at the forefront, delivering intuitive mobile applications, tailored risk assessments, and streamlined claims handling.
Europe InsurTech Market Market Size (In Billion)
Despite significant growth prospects, challenges such as data security and regulatory intricacies require careful navigation. Transitioning established insurers to adopt new technologies and adapt their business models presents a considerable hurdle. Nevertheless, the long-term outlook for the European InsurTech market remains optimistic. Market segmentation, spanning diverse insurance verticals, distribution channels, and customer segments, highlights extensive opportunities for specialized InsurTech solutions. Continued investment is anticipated, driving further technological advancements in the insurance landscape.
Europe InsurTech Market Company Market Share
Europe InsurTech Market: A Comprehensive Report (2019-2033)
This comprehensive report provides an in-depth analysis of the European InsurTech market, covering the period 2019-2033. It offers actionable insights for industry stakeholders, investors, and businesses seeking to understand and navigate this rapidly evolving landscape. The report leverages robust data analysis and incorporates key industry developments, providing a clear picture of market trends, segment performance, and future growth prospects. The estimated market size in 2025 is xx Million, projected to reach xx Million by 2033, exhibiting a CAGR of xx% during the forecast period (2025-2033).
Europe InsurTech Market Concentration & Innovation
This section analyzes the competitive landscape of the European InsurTech market, examining market concentration, innovation drivers, regulatory frameworks, and M&A activities. The market is characterized by a mix of established players and innovative startups, leading to both high competition and significant innovation.
Market Concentration: The market exhibits a moderately concentrated structure, with a few dominant players holding significant market share, while numerous smaller players contribute to a dynamic ecosystem. Precise market share figures for individual companies are unavailable at this time, but a competitive analysis based on funding rounds, acquisitions, and market presence will be included in the report.
Innovation Drivers: Key drivers of innovation include advancements in AI, big data analytics, and blockchain technology, enabling personalized insurance products, enhanced risk assessment, and streamlined claims processing.
Regulatory Framework: The evolving regulatory landscape plays a crucial role. Compliance requirements, data privacy regulations (like GDPR), and evolving licensing procedures significantly influence market dynamics. The report analyzes the impact of these regulations on market growth and competitive dynamics.
Product Substitutes: The emergence of alternative risk management solutions, such as peer-to-peer insurance platforms, poses a potential challenge to traditional insurers and InsurTech companies.
End-User Trends: Growing consumer demand for personalized, digital-first insurance solutions, along with increased price transparency and faster claim settlements, are driving market growth.
M&A Activities: The InsurTech sector has witnessed significant M&A activity in recent years. While specific deal values are not consistently available for all transactions, the report will analyze notable mergers and acquisitions, examining their impact on market consolidation and competitive dynamics. For example, the USD 650 Million raised by Wefox in 2021 significantly altered the competitive landscape.
Europe InsurTech Market Industry Trends & Insights
This section delves into the key trends and insights shaping the European InsurTech market. We will analyze market growth drivers, technological disruptions, shifting consumer preferences, and the evolving competitive dynamics. The report will detail how these factors contribute to the overall market expansion and the strategic positioning of key players.
Dominant Markets & Segments in Europe InsurTech Market
This section identifies the leading regions, countries, and segments within the European InsurTech market. The analysis will highlight the key factors driving dominance in these areas.
Key Drivers of Market Dominance:
- Economic Policies: Government initiatives promoting digitalization and fintech innovation can significantly influence market growth in specific regions.
- Infrastructure: Robust digital infrastructure, including high-speed internet access and advanced technological capabilities, fosters the development and adoption of InsurTech solutions.
- Consumer Behavior: Variations in consumer preferences, technological adoption rates, and insurance needs across different countries drive regional disparities.
Dominance Analysis: Detailed analysis will highlight specific regions and countries exhibiting the strongest growth and market concentration based on factors outlined above. The report will detail which segments (e.g., personal lines, commercial lines, specific insurance products) demonstrate above-average growth.
Europe InsurTech Market Product Developments
The InsurTech market is marked by continuous product innovation, with companies leveraging technology to develop personalized, efficient, and user-friendly insurance products. Advancements in AI, machine learning, and data analytics are leading to improved risk assessment, automated claims processing, and more tailored insurance offerings. These innovations are improving the customer experience and increasing efficiency, making them increasingly competitive within the market.
Report Scope & Segmentation Analysis
This report segments the European InsurTech market across various dimensions to provide a comprehensive overview. This includes, but may not be limited to, segmentation by insurance type (e.g., property and casualty, life and health), distribution channel (e.g., direct-to-consumer, agents and brokers), technology deployed, and geographical region. Each segment will be analyzed for its market size, growth projections, and competitive dynamics. Detailed growth projections for each segment will be provided within the report.
Key Drivers of Europe InsurTech Market Growth
Several key factors drive the growth of the European InsurTech market. Technological advancements, such as AI and machine learning, are enabling the development of innovative products and services, enhancing efficiency, and personalizing the customer experience. Furthermore, supportive regulatory environments in some regions are encouraging innovation and investment. The growing adoption of digital technologies by consumers and businesses is also fueling market growth.
Challenges in the Europe InsurTech Market Sector
Despite significant growth potential, the European InsurTech market faces certain challenges. Stringent regulatory requirements, particularly concerning data privacy and security, can create barriers for entry and operation. Competition, both from traditional insurers and other InsurTech companies, necessitates constant innovation and differentiation. In addition, ensuring seamless integration with legacy insurance systems can be a significant technical hurdle.
Emerging Opportunities in Europe InsurTech Market
The European InsurTech market presents several promising opportunities. The increasing demand for personalized and digital insurance solutions creates a vast market for innovative products and services. Expansion into underserved markets and the development of new insurance products for emerging risks can also drive significant growth. Furthermore, strategic partnerships between InsurTech companies and traditional insurers can unlock synergies and accelerate market penetration.
Leading Players in the Europe InsurTech Market Market
- Wefox
- Clark
- Coya
- Lukp
- GetSafe
- Simplesurance
- OMNI: US
- INZMO
- Decado
- FRISS
- Thinksurance
List Not Exhaustive
Key Developments in Europe InsurTech Market Industry
- June 2021: Wefox Group raised USD 650 Million in funding, achieving a USD 3 Billion valuation.
- October 2021: GetSafe completed its Series B funding round, raising a total of USD 93 Million.
Strategic Outlook for Europe InsurTech Market Market
The European InsurTech market is poised for substantial growth in the coming years. Continued technological innovation, changing consumer preferences, and supportive regulatory environments will drive market expansion. Strategic partnerships, mergers, and acquisitions will further shape the competitive landscape. Companies that can effectively adapt to evolving market dynamics and capitalize on emerging opportunities will be best positioned for success.
Europe InsurTech Market Segmentation
-
1. Business Model
- 1.1. Carrier
- 1.2. Enabler
- 1.3. Distributor
-
2. Geography
- 2.1. United Kingdom
- 2.2. Germany
- 2.3. France
- 2.4. Italy
- 2.5. Switzerland
- 2.6. Sweden
- 2.7. Netherlands
- 2.8. Other Countries
Europe InsurTech Market Segmentation By Geography
- 1. United Kingdom
- 2. Germany
- 3. France
- 4. Italy
- 5. Switzerland
- 6. Sweden
- 7. Netherlands
- 8. Other Countries
Europe InsurTech Market Regional Market Share
Geographic Coverage of Europe InsurTech Market
Europe InsurTech Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 6.09% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Restrains
- 3.4. Market Trends
- 3.4.1. Investments in Insurtech Start-ups in Europe are Rising
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Europe InsurTech Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Business Model
- 5.1.1. Carrier
- 5.1.2. Enabler
- 5.1.3. Distributor
- 5.2. Market Analysis, Insights and Forecast - by Geography
- 5.2.1. United Kingdom
- 5.2.2. Germany
- 5.2.3. France
- 5.2.4. Italy
- 5.2.5. Switzerland
- 5.2.6. Sweden
- 5.2.7. Netherlands
- 5.2.8. Other Countries
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. United Kingdom
- 5.3.2. Germany
- 5.3.3. France
- 5.3.4. Italy
- 5.3.5. Switzerland
- 5.3.6. Sweden
- 5.3.7. Netherlands
- 5.3.8. Other Countries
- 5.1. Market Analysis, Insights and Forecast - by Business Model
- 6. United Kingdom Europe InsurTech Market Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Business Model
- 6.1.1. Carrier
- 6.1.2. Enabler
- 6.1.3. Distributor
- 6.2. Market Analysis, Insights and Forecast - by Geography
- 6.2.1. United Kingdom
- 6.2.2. Germany
- 6.2.3. France
- 6.2.4. Italy
- 6.2.5. Switzerland
- 6.2.6. Sweden
- 6.2.7. Netherlands
- 6.2.8. Other Countries
- 6.1. Market Analysis, Insights and Forecast - by Business Model
- 7. Germany Europe InsurTech Market Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Business Model
- 7.1.1. Carrier
- 7.1.2. Enabler
- 7.1.3. Distributor
- 7.2. Market Analysis, Insights and Forecast - by Geography
- 7.2.1. United Kingdom
- 7.2.2. Germany
- 7.2.3. France
- 7.2.4. Italy
- 7.2.5. Switzerland
- 7.2.6. Sweden
- 7.2.7. Netherlands
- 7.2.8. Other Countries
- 7.1. Market Analysis, Insights and Forecast - by Business Model
- 8. France Europe InsurTech Market Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Business Model
- 8.1.1. Carrier
- 8.1.2. Enabler
- 8.1.3. Distributor
- 8.2. Market Analysis, Insights and Forecast - by Geography
- 8.2.1. United Kingdom
- 8.2.2. Germany
- 8.2.3. France
- 8.2.4. Italy
- 8.2.5. Switzerland
- 8.2.6. Sweden
- 8.2.7. Netherlands
- 8.2.8. Other Countries
- 8.1. Market Analysis, Insights and Forecast - by Business Model
- 9. Italy Europe InsurTech Market Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Business Model
- 9.1.1. Carrier
- 9.1.2. Enabler
- 9.1.3. Distributor
- 9.2. Market Analysis, Insights and Forecast - by Geography
- 9.2.1. United Kingdom
- 9.2.2. Germany
- 9.2.3. France
- 9.2.4. Italy
- 9.2.5. Switzerland
- 9.2.6. Sweden
- 9.2.7. Netherlands
- 9.2.8. Other Countries
- 9.1. Market Analysis, Insights and Forecast - by Business Model
- 10. Switzerland Europe InsurTech Market Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Business Model
- 10.1.1. Carrier
- 10.1.2. Enabler
- 10.1.3. Distributor
- 10.2. Market Analysis, Insights and Forecast - by Geography
- 10.2.1. United Kingdom
- 10.2.2. Germany
- 10.2.3. France
- 10.2.4. Italy
- 10.2.5. Switzerland
- 10.2.6. Sweden
- 10.2.7. Netherlands
- 10.2.8. Other Countries
- 10.1. Market Analysis, Insights and Forecast - by Business Model
- 11. Sweden Europe InsurTech Market Analysis, Insights and Forecast, 2020-2032
- 11.1. Market Analysis, Insights and Forecast - by Business Model
- 11.1.1. Carrier
- 11.1.2. Enabler
- 11.1.3. Distributor
- 11.2. Market Analysis, Insights and Forecast - by Geography
- 11.2.1. United Kingdom
- 11.2.2. Germany
- 11.2.3. France
- 11.2.4. Italy
- 11.2.5. Switzerland
- 11.2.6. Sweden
- 11.2.7. Netherlands
- 11.2.8. Other Countries
- 11.1. Market Analysis, Insights and Forecast - by Business Model
- 12. Netherlands Europe InsurTech Market Analysis, Insights and Forecast, 2020-2032
- 12.1. Market Analysis, Insights and Forecast - by Business Model
- 12.1.1. Carrier
- 12.1.2. Enabler
- 12.1.3. Distributor
- 12.2. Market Analysis, Insights and Forecast - by Geography
- 12.2.1. United Kingdom
- 12.2.2. Germany
- 12.2.3. France
- 12.2.4. Italy
- 12.2.5. Switzerland
- 12.2.6. Sweden
- 12.2.7. Netherlands
- 12.2.8. Other Countries
- 12.1. Market Analysis, Insights and Forecast - by Business Model
- 13. Other Countries Europe InsurTech Market Analysis, Insights and Forecast, 2020-2032
- 13.1. Market Analysis, Insights and Forecast - by Business Model
- 13.1.1. Carrier
- 13.1.2. Enabler
- 13.1.3. Distributor
- 13.2. Market Analysis, Insights and Forecast - by Geography
- 13.2.1. United Kingdom
- 13.2.2. Germany
- 13.2.3. France
- 13.2.4. Italy
- 13.2.5. Switzerland
- 13.2.6. Sweden
- 13.2.7. Netherlands
- 13.2.8. Other Countries
- 13.1. Market Analysis, Insights and Forecast - by Business Model
- 14. Competitive Analysis
- 14.1. Global Market Share Analysis 2025
- 14.2. Company Profiles
- 14.2.1 Wefox
- 14.2.1.1. Overview
- 14.2.1.2. Products
- 14.2.1.3. SWOT Analysis
- 14.2.1.4. Recent Developments
- 14.2.1.5. Financials (Based on Availability)
- 14.2.2 Clark
- 14.2.2.1. Overview
- 14.2.2.2. Products
- 14.2.2.3. SWOT Analysis
- 14.2.2.4. Recent Developments
- 14.2.2.5. Financials (Based on Availability)
- 14.2.3 Coya
- 14.2.3.1. Overview
- 14.2.3.2. Products
- 14.2.3.3. SWOT Analysis
- 14.2.3.4. Recent Developments
- 14.2.3.5. Financials (Based on Availability)
- 14.2.4 Lukp
- 14.2.4.1. Overview
- 14.2.4.2. Products
- 14.2.4.3. SWOT Analysis
- 14.2.4.4. Recent Developments
- 14.2.4.5. Financials (Based on Availability)
- 14.2.5 GetSafe
- 14.2.5.1. Overview
- 14.2.5.2. Products
- 14.2.5.3. SWOT Analysis
- 14.2.5.4. Recent Developments
- 14.2.5.5. Financials (Based on Availability)
- 14.2.6 Simplesurance
- 14.2.6.1. Overview
- 14.2.6.2. Products
- 14.2.6.3. SWOT Analysis
- 14.2.6.4. Recent Developments
- 14.2.6.5. Financials (Based on Availability)
- 14.2.7 OMNI
- 14.2.7.1. Overview
- 14.2.7.2. Products
- 14.2.7.3. SWOT Analysis
- 14.2.7.4. Recent Developments
- 14.2.7.5. Financials (Based on Availability)
- 14.2.1 Wefox
List of Figures
- Figure 1: Global Europe InsurTech Market Revenue Breakdown (billion, %) by Region 2025 & 2033
- Figure 2: United Kingdom Europe InsurTech Market Revenue (billion), by Business Model 2025 & 2033
- Figure 3: United Kingdom Europe InsurTech Market Revenue Share (%), by Business Model 2025 & 2033
- Figure 4: United Kingdom Europe InsurTech Market Revenue (billion), by Geography 2025 & 2033
- Figure 5: United Kingdom Europe InsurTech Market Revenue Share (%), by Geography 2025 & 2033
- Figure 6: United Kingdom Europe InsurTech Market Revenue (billion), by Country 2025 & 2033
- Figure 7: United Kingdom Europe InsurTech Market Revenue Share (%), by Country 2025 & 2033
- Figure 8: Germany Europe InsurTech Market Revenue (billion), by Business Model 2025 & 2033
- Figure 9: Germany Europe InsurTech Market Revenue Share (%), by Business Model 2025 & 2033
- Figure 10: Germany Europe InsurTech Market Revenue (billion), by Geography 2025 & 2033
- Figure 11: Germany Europe InsurTech Market Revenue Share (%), by Geography 2025 & 2033
- Figure 12: Germany Europe InsurTech Market Revenue (billion), by Country 2025 & 2033
- Figure 13: Germany Europe InsurTech Market Revenue Share (%), by Country 2025 & 2033
- Figure 14: France Europe InsurTech Market Revenue (billion), by Business Model 2025 & 2033
- Figure 15: France Europe InsurTech Market Revenue Share (%), by Business Model 2025 & 2033
- Figure 16: France Europe InsurTech Market Revenue (billion), by Geography 2025 & 2033
- Figure 17: France Europe InsurTech Market Revenue Share (%), by Geography 2025 & 2033
- Figure 18: France Europe InsurTech Market Revenue (billion), by Country 2025 & 2033
- Figure 19: France Europe InsurTech Market Revenue Share (%), by Country 2025 & 2033
- Figure 20: Italy Europe InsurTech Market Revenue (billion), by Business Model 2025 & 2033
- Figure 21: Italy Europe InsurTech Market Revenue Share (%), by Business Model 2025 & 2033
- Figure 22: Italy Europe InsurTech Market Revenue (billion), by Geography 2025 & 2033
- Figure 23: Italy Europe InsurTech Market Revenue Share (%), by Geography 2025 & 2033
- Figure 24: Italy Europe InsurTech Market Revenue (billion), by Country 2025 & 2033
- Figure 25: Italy Europe InsurTech Market Revenue Share (%), by Country 2025 & 2033
- Figure 26: Switzerland Europe InsurTech Market Revenue (billion), by Business Model 2025 & 2033
- Figure 27: Switzerland Europe InsurTech Market Revenue Share (%), by Business Model 2025 & 2033
- Figure 28: Switzerland Europe InsurTech Market Revenue (billion), by Geography 2025 & 2033
- Figure 29: Switzerland Europe InsurTech Market Revenue Share (%), by Geography 2025 & 2033
- Figure 30: Switzerland Europe InsurTech Market Revenue (billion), by Country 2025 & 2033
- Figure 31: Switzerland Europe InsurTech Market Revenue Share (%), by Country 2025 & 2033
- Figure 32: Sweden Europe InsurTech Market Revenue (billion), by Business Model 2025 & 2033
- Figure 33: Sweden Europe InsurTech Market Revenue Share (%), by Business Model 2025 & 2033
- Figure 34: Sweden Europe InsurTech Market Revenue (billion), by Geography 2025 & 2033
- Figure 35: Sweden Europe InsurTech Market Revenue Share (%), by Geography 2025 & 2033
- Figure 36: Sweden Europe InsurTech Market Revenue (billion), by Country 2025 & 2033
- Figure 37: Sweden Europe InsurTech Market Revenue Share (%), by Country 2025 & 2033
- Figure 38: Netherlands Europe InsurTech Market Revenue (billion), by Business Model 2025 & 2033
- Figure 39: Netherlands Europe InsurTech Market Revenue Share (%), by Business Model 2025 & 2033
- Figure 40: Netherlands Europe InsurTech Market Revenue (billion), by Geography 2025 & 2033
- Figure 41: Netherlands Europe InsurTech Market Revenue Share (%), by Geography 2025 & 2033
- Figure 42: Netherlands Europe InsurTech Market Revenue (billion), by Country 2025 & 2033
- Figure 43: Netherlands Europe InsurTech Market Revenue Share (%), by Country 2025 & 2033
- Figure 44: Other Countries Europe InsurTech Market Revenue (billion), by Business Model 2025 & 2033
- Figure 45: Other Countries Europe InsurTech Market Revenue Share (%), by Business Model 2025 & 2033
- Figure 46: Other Countries Europe InsurTech Market Revenue (billion), by Geography 2025 & 2033
- Figure 47: Other Countries Europe InsurTech Market Revenue Share (%), by Geography 2025 & 2033
- Figure 48: Other Countries Europe InsurTech Market Revenue (billion), by Country 2025 & 2033
- Figure 49: Other Countries Europe InsurTech Market Revenue Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global Europe InsurTech Market Revenue billion Forecast, by Business Model 2020 & 2033
- Table 2: Global Europe InsurTech Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 3: Global Europe InsurTech Market Revenue billion Forecast, by Region 2020 & 2033
- Table 4: Global Europe InsurTech Market Revenue billion Forecast, by Business Model 2020 & 2033
- Table 5: Global Europe InsurTech Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 6: Global Europe InsurTech Market Revenue billion Forecast, by Country 2020 & 2033
- Table 7: Global Europe InsurTech Market Revenue billion Forecast, by Business Model 2020 & 2033
- Table 8: Global Europe InsurTech Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 9: Global Europe InsurTech Market Revenue billion Forecast, by Country 2020 & 2033
- Table 10: Global Europe InsurTech Market Revenue billion Forecast, by Business Model 2020 & 2033
- Table 11: Global Europe InsurTech Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 12: Global Europe InsurTech Market Revenue billion Forecast, by Country 2020 & 2033
- Table 13: Global Europe InsurTech Market Revenue billion Forecast, by Business Model 2020 & 2033
- Table 14: Global Europe InsurTech Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 15: Global Europe InsurTech Market Revenue billion Forecast, by Country 2020 & 2033
- Table 16: Global Europe InsurTech Market Revenue billion Forecast, by Business Model 2020 & 2033
- Table 17: Global Europe InsurTech Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 18: Global Europe InsurTech Market Revenue billion Forecast, by Country 2020 & 2033
- Table 19: Global Europe InsurTech Market Revenue billion Forecast, by Business Model 2020 & 2033
- Table 20: Global Europe InsurTech Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 21: Global Europe InsurTech Market Revenue billion Forecast, by Country 2020 & 2033
- Table 22: Global Europe InsurTech Market Revenue billion Forecast, by Business Model 2020 & 2033
- Table 23: Global Europe InsurTech Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 24: Global Europe InsurTech Market Revenue billion Forecast, by Country 2020 & 2033
- Table 25: Global Europe InsurTech Market Revenue billion Forecast, by Business Model 2020 & 2033
- Table 26: Global Europe InsurTech Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 27: Global Europe InsurTech Market Revenue billion Forecast, by Country 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Europe InsurTech Market?
The projected CAGR is approximately 6.09%.
2. Which companies are prominent players in the Europe InsurTech Market?
Key companies in the market include Wefox, Clark, Coya, Lukp, GetSafe, Simplesurance, OMNI: US, INZMO, Decado, FRISS, Thinksurance**List Not Exhaustive.
3. What are the main segments of the Europe InsurTech Market?
The market segments include Business Model, Geography.
4. Can you provide details about the market size?
The market size is estimated to be USD 286.44 billion as of 2022.
5. What are some drivers contributing to market growth?
N/A
6. What are the notable trends driving market growth?
Investments in Insurtech Start-ups in Europe are Rising.
7. Are there any restraints impacting market growth?
N/A
8. Can you provide examples of recent developments in the market?
In October 2021, GetSafe extended its Series B funding round. In addition to its original Series B funding of USD 30 million, the company added another USD 63 million in fresh capital. Overall, GetSafe raised USD 93 million in the Series B round. The investors included an unnamed family office, Earlybird, and Abacon Capital.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Europe InsurTech Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Europe InsurTech Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Europe InsurTech Market?
To stay informed about further developments, trends, and reports in the Europe InsurTech Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence