![]() PasarPolis currently offers insurance policies for health, real estate property, life, accident, and travel. The company’s partner network includes over 50 companies. What they do: PasarPolis is an insurance startup operating in Southeast Asia. ![]() The company provides coverage within 16 states and plans, with plans to expand into more states in the near future. Members can have appointments with any licensed healthcare provider without network restrictions. What they do: Sidecar Health offers personalized health insurance plans. ![]() The startup reached a valuation of $1 billion following its Series D funding round in April 2021. The website helps compare car and home insurance quotes from more than 100 companies. What they do: The Zebra is an insurance comparison platform. Plans have customizable coverage from $50 thousand to $1.5 million. What they do: Bestow operates a platform for purchasing term life insurance products. Applications can be completed online, without agent assistance. What they do: Ethos offers term and whole life insurance policies. ![]() Next Insurance reports that they have over 100,000 clients. The platform currently has coverage options for more than 1300 professions, including third-party Amazon sellers, contractors, and fitness instructors. The company offers general and professional liability insurance, as well as commercial property and auto coverage. What they do: Next Insurance is a digital insurance provider for self-employed and small businesses. For each company, Insurify delivers a composite score based on the insurance company’s quality and reliability. The resource helps compare car, home, and life insurance quotes in the US. What they do: Insurify is an insurance quote comparison website. The company has raised over $220 million in funding and serves more than 100 customers in over 25 countries. Its technology uses advanced algorithms and data science to identify fraudulent claims in real-time and automate the entire claims handling process, resulting in improved efficiency, accuracy, and cost savings for insurers. What they do: Shift Technology is an insurtech startup that provides AI-powered fraud detection and claims automation solutions for the global insurance industry. To date, Cuvva has served over 650,000 customers. The startup also provides in-app customer support with 1 minute average response time. What they do: Cuvva is a car insurance app that offers temporary cover (from 1 hour to 28 days) along with more traditional monthly plans. Plans can also be modified (or “Laddered”) based on needs over time. The application process happens online with instant approvals. What they do: Ladder is an online platform for term life insurance policies. The startup has more than 300,000 customers across 3 markets (Germany, UK, and Austria). Insurance products can be purchased and managed via their mobile app. ![]() What they do: Getsafe is a digital-first insurance company offering liability, property, and car insurance. The startup has sold over 100,000 policies to date. The company’s algorithm considers international driving records in order to offer competitive prices to drivers with limited driving records in their current country of residence. What they do: Marshmallow is a car insurance provider. Kin’s platform takes into account thousands of property data points to offer customizable options for coverage. The company provides coverage for natural disasters, including hurricanes, earthquakes. What they do: Kin Insurance provides home insurance in 4 states across the US. They also offer fleet coverage for corporate clients. The platform includes a range of options, including private car, scooter, and courier van insurance. What they do: Zego offers commercial car insurance. With that, here’s our list of fast-growing startups in the insurance technology space. Overall, the insurtech market is forecasted to grow at a CAGR of 10.8% from 2019 to 2025, reaching $10.14 billion in revenue by 2025. In 2022, funding in insurtech surpassed $7.3 billion. ![]()
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