Market Share of Europe InsurTech Industry
Since a large number of new start-ups are emerging in Europe, the insurance market is quite fragmented. The number is increasing prominently in the United Kingdom, Germany, and France. The emerging players in the industry are Wefox, Clark, Coya, Luko, GetSafe, SimpleInsurance, Omni: US, INZMO, Decado, FRISS, and Thinksurance. The majority of insurtechs are still in the seed stage, and very few are in the growth and maturity stage. Thus, competition exists among the insurtech companies to get seed funding from venture capitalists.
Europe Insurtech Market Leaders
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Wefox
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Clark
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Coya
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Luko
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FRISS
*Disclaimer: Major Players sorted in no particular order
