The new InsurTech100 highlights the industry’s leading innovators according to FinTech Global

by James · October 25, 2022

The 2022 edition of the prestigious InsurTech100 list has just been launched by specialist research firm FinTech Global. This is the fifth year the list has been compiled to recognize the technology leaders who offer solutions to drive digital transformation of the insurance industry.

LONDON, 25 October 2022 /PRNewswire/ — Every element of the insurance industry’s value chain is affected by technological developments, and the pace of change is increasing as customers shift en masse to digital channels and demand superior products and customer experience.

InsurTech companies are at the forefront of industry transformation, helping insurers meet the challenges they face. The InsurTech market will continue to grow rapidly and is expected to reach a market size of around 114 billion dollars by 2030.

As the number and geographic spread of InsurTech companies increases every year, the process to produce the InsurTech100 2022 involved more extensive research than ever before. FinTech Global analyzed the worldwide InsurTech market to produce a longlist of over 1,800 companies, from which a panel of industry experts selected the final 100. change performance improvements across the insurance value chain.

In accordance Richard Sachara director of FinTech Global, “As insurance companies are faced with seismic changes in consumer behavior and an increasingly competitive environment, they have no choice but to join the race to digitize. The InsurTech100 list guides senior insurance executives to identify which innovations and companies are having the greatest impact and can help them in that race.”

These are some of the market-leading companies included in this year’s InsurTech100: Akinov A, Bdeo, Companion, Cortical.io, distriBind, DynaRisk, Evari, FRESH, GIROUX. Ouch, Larger than, hyperexponential, Instabase, Insured HQ, Majesco, Nanoinsurance, New idea, Optalitix, Relay platform, Risk control technologies, Shapa Healthand Shift Technology.