Market Map
From cyber risk analytics platforms to telematics, these startups are transforming the P&C insurance value chain.
The insurance industry is undergoing a digital transformation.
Specifically, the property & casualty (P&C) lines of business — which includes auto, home, and commercial insurance products — are seeing the most change. Full-stack unicorns like Root and Lemonade, for example, offer fully digital and transparent auto & home/renters products.
Meanwhile, other startups like Cambridge Mobile Telematics, Carpe Data, and Snapsheet are helping incumbent P&C insurance companies like StateFarm and Liberty Mutual compete across the traditionally antiquated space.
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