The InsurTech industry is maturing and is tackling relevant issues: Start-up-Boom is leveling off, exits and market withdrawals are on the rise. That are significant results of InsurTech Radar 2019 from Oliver Wyman and Policen Direkt for the German Market. There are also scale-ups and most of them are to continue their positive development. As their track records get longer, valuations in upcoming financing rounds will also increase. That is why we are confident that over the next two to three years we will see the first InsurTech unicorn.
Our evaluation is that German InsurTech scene must avoid the temptation of resting on its laurels. Read more about the certainly very innovative InsurTech-scene in Germany.