For the second year the InsurTech 100 has been released. The FinTech Global InsurTech 100 is an annual list of 100 of the world’s most innovative InsurTech companies selected by a panel of industry experts. Praedicat is among the list, for the second year in a row. On this list are the companies every leader in the insurance industry needs to know about in 2020.
The InsurTech industry has seen huge growth in the last two years as insurance companies grapple with the challenges of digital transformation and new demands from customers. Nearly $10bn has been invested in InsurTech companies since the beginning of 2017.
A panel of analysts and industry experts voted from a long list over 1,000 companies produced by FinTech Global and the finalists were recognized for their innovative use of technology to solve a significant industry problem, or to generate cost savings, or efficiency improvements across the insurance value chain.