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Number of insurtechs in Germany in 2019, by core business activity

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Source

Release date

July 2019

Region

Germany

Survey time period

2019

Supplementary notes

Citation formats

Number of insurtechs in Germany 2019, by core activity

Published by Jenny Yang, Jun 29, 2020
Depending on which point of the value chain they tackle, insurtech companies in Germany can be grouped in three main business model categories: propositions, operations, and distribution. Digitalization of operations is the largest category with ** active startups or ** percent of the German insurtech market in 2019. Companies in this segment look for new ways to optimize business processes. The second largest category, distribution of insurance products, targets the sales segment of the value chain and includes ** startups. Companies in the third category, digital insurance propositions, offer new insurance propositions through digital means.
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