Traditional insurance distribution is being transformed by emerging tech offering new options for consumers, agents, and insurers.
P&C insurance distribution is going digital.
Startups are cropping up to reshape insurance distribution for the $3.4T global property & casualty industry.
For example, Root Insurance markets personal automobile insurance directly to the consumer to improve the buying experience, while platforms like Young Alfred act as digital brokers to assist consumers in personal insurance buying.
Using CB Insights data, we identified 70+ private companies looking to reshape insurance distribution. We define the space as propositions which sell direct to individuals, direct to businesses, and through digital brokers.
This market map consists of private, active companies only and is not intended to be exhaustive of the space. Categories are not mutually exclusive, and companies are mapped according to primary use case.
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