Overview of InsurTech Companies

Trying to find your way around InsurTech companies and startups? We did the digging for you and categorized them in small groups, based on what they do and how they do it.

InsurTech is the combination of the words insurance and technology. That means it involves all the technology stacks involved in insurance apps, solutions, services, and other offerings.

Insurance could possibly mean a lot of things, but today we focus on four segments of InsurTech, which are usage-driven insurance, digital insurance portals, cyber insurance, and peer-to-peer insurance (P2P).

Usage driven insurance

Comparison portals support you to find the best deal for your insurances needs.  Also scaling the service offering based on your demand in dominant in this category of InsurTech companies. Examples for this niche are:

CoverHound – Comparing insurance rates


Oscar – Health insurance with simple explanations


Metromile – Vehicle insurance offerings for low-mileage drivers


Digital insurance portals

Insurance portals are usually consolidating existing insurance service contracts into one app and view. This is value adding for the user to get more visibility into their insurance spendings and what they get for it. If the app recognizes potential savings, they will be informed about it.

Knip – Chat with experts or raise a claim. The Knip app puts you on the fast-lane of dealing with insurance cases (German only)


GetSafe – Manage your contracts and insurance services, no matter by whom they are supplied by (German only)


FinanceFox – Independent app to consolidate all your insurance activities with a click


Cyber Insurance

This involves all things digital. A new field in the market but certainly a very important one for individuals and businesses alike.

Zuroovi – Supports you with consultation and matches you with a local cyber insurance agent


BitGo – Supports you with secure bitcoin and blockchain storage and transactions


Cybernance – Cybergovernance solutions to help you classify and mitigate cyber risk


Coinbase – Platform has helped transactions of digital currencies with a value of more than $5b in over 32 countries securely


P2P Insurance

Friendsurance – Solution supports you to get insurance fees back if you had no insurance claims


If you happen to spot other contenders in this market, please do share below in the comment section. Many thanks!

Photo credit: Christiaan Colen

Christopher Isak

Christopher Isak

Managing Editor at TechAcute
Hi there and thanks for reading my article! I'm Chris. I write about tech news, management subjects. Reach out via Twitter or comments, if you like. I'd love to hear from you!
Christopher Isak

@ChristopherIsak

Hell-bent for truth and progress ✖ Founder of @TechAcuteCom ✖ Journalist for Tech News + Innovation ✖ Geek and Gamer with a heart ✖ Collaboration all the way ✖
Juno sees something familiar looking out from Jupiter's rings https://t.co/iCnolqtxD8 - 3 mins ago
Christopher Isak

Christopher Isak

Hi there and thanks for reading my article! I'm Chris. I write about tech news, management subjects. Reach out via Twitter or comments, if you like. I'd love to hear from you!