There are still huge opportunities in insurance

One way startups are making a difference is by giving traditional insurers super powers by digitizing their internal and external experience, module by module. Startups like wefox help insurers with distribution (reaching more, and better segmented, target audiences). Others, like Instanda, help with pricing and underwriting (through the addition o... See more

n Sweden, for example, 80% of dogs are insured, while in the US only 1–2% of dogs are.

Another way to disrupt this market is by selling insurance directly to the end user, like Next Insurance, Lemonade, Hedvig, and others do. Several startups, often working as Managing General Agents (MGAs), have gone to market with great brands to attract end users and grown impressively large businesses. Based on their reported growth and customer ... See more