Last year’s edition of the Insurtech 100. 2021 saw an enormous amount of change in the market, with IPOs, huge funding rounds and new trends like embedded and ESG taking hold.
Of course, so much has changed in 12 months, which is why we think it’s eminently timely to reflect on last year and where we were then. It can be easy to be forever looking forward when the focus is on innovation.
Will we look at 2021 numbers as a peak to be aspired to, or as an inflated ecosystem that needed correcting? How will parametric insurance adapt to swiftly changing geopolitical movements? And how will emerging markets balance growth with positive customer outcomes in traditionally underserved markets? These are all valid questions that many of our entrants are actively trying to solve.
We’ve seen some big changes since this list was released, with IPOs that didn’t quite meet expectations, macroeconomic funding challenges and more focus on the ‘tech’ part of Insurtech, shaping the last 12 months.