
Financial technology investment Banking
FT PARTNERS ANNOUNCES THE PUBLICATION OF ITS COMPREHENSIVE, IN-DEPTH ANALYSIS ON INSURTECH
Overview
FT Partners is pleased to provide our clients and industry executives with our latest industry research report covering the dynamic InsurTech sector. Our latest report "Prepare for the InsurTech Wave: Overview of Key Insurance Technology Trends" is an in-depth look at the major waves of innovation and disruption that are beginning to radically alter the insurance industry.
Insurance is widely viewed as the next great opportunity for players in FinTech. Unlike many other areas of financial services, the insurance industry to-date has not been substantially disrupted by new technology and game-changing business models. However, the industry now appears to be at a key inflection point as many different constituents in the FinTech ecosystem have their sights squarely set on insurance. To this end, FT Partners is seeing a proliferation of InsurTech startups targeting all areas of the multi-trillion dollar global industry and subsequently an influx of private equity, venture capital and strategic interest in the space.
Key InsurTech Trends
Every component of the insurance value chain from marketing to underwriting to sales and claims is in the process of being revolutionized. Some innovators are creating new digital tools aimed at helping consumers better understand and become more involved with their insurance policies, some are looking to enhance and digitize the operations of the existing insurance ecosystem, while still others are targeting the biggest opportunity by
creating entirely new insurance carriers and distribution models.
This report highlights a number of key trends and innovations such as:
- The shift to online / mobile as the primary distribution channel
- Integration of digital tools and mobile apps for policy management and real-time claims submission
- Enhanced digital engagement between consumers, brokers and carriers
- The changing health insurance and employee benefits marketplace
- Greater utilization of Big Data, IoT, Telematics and the advent of the "Connected Car, Home and Self"
- The rise of Peer-to-Peer and "On-Demand" Insurance
FT Partners' InsurTech Landscape
The InsurTech ecosystem is rapidly growing and evolving. It is already comprised of hundreds of companies that each have their own unique approach to disrupt the space. Our industry landscape highlights numerous verticals and areas of focus, visually depicting the complexity and scale of the InsurTech space. The report includes detailed profiles of key InsurTech disruptors as well as both public and private established tech-enabled companies.
The landscape encompasses numerous verticals including:
- Policy Management Tools and Software
- Online Distribution / Direct to Consumer Channels
- Innovative / Specialty Insurance Products
- Employee Benefits Administration / Insurance Exchange Technology
- Sales, Marketing and Engagement
- IoT / Telematics
- Peer-To-Peer Insurance Models
- Data & Analytics
- Claims Management Tools and Software
FT Partners' Proprietary Financing and M&A Transaction Analysis
FT Partners maintains a proprietary database of FinTech Financing and M&A transactions. Using this proprietary data, the report analyzes several key metrics and investment trends that further demonstrate the overwhelming growth of activity in the InsurTech sector. This analysis looks at traditional venture capital investments as well as the responses of incumbents and other strategic players through corporate venture capital arms and strategic investments,
acquisitions and partnerships.
The section specifically features...
Financial Technology Partners ("FT Partners") is the only investment banking firm focused exclusively on providing top-tier strategic and financial advisory services to FinTech CEOs, founders and investors. The Firm offers CEOs and investors a wide array of strategic advisory services in mission-critical transactions including M&A, IPOs, LBOs, recapitalizations and private capital raises. FT Partners has been awarded Investment Bank of the Year 4 times since 2004, most recently in 2016. The Firm has also been awarded Dealmaker of the Year and presented with numerous awards for its transactions. The founder and CEO, Steve McLaughlin, was recently ranked one of the top FinTech bankers in Silicon Valley by The Information and as one of the most influential people in all of FinTech by Institutional Investor.