PriyaPatel
TLDR:
Insurtech companies are using technology like AI and data science to simplify the insurance industry and make coverage more accessible. These companies streamline the enrollment process and tailor plan options to individual customer needs.
Regardless of where you live, protecting your home, assets, and loved ones is a key concern. The insurance industry is in need of a makeover due to the complicated coverage options and eligibility requirements. Insurtech companies are rising to the occasion to provide better experiences for customers.
Key Elements:
- Insurance industry needs a makeover due to complicated processes
- Insurtech companies blend technology with insurance knowledge to simplify enrollment
- Global insurtech investments hit a record high in 2021
- List of insurtech companies making insurance more accessible and streamlined
Insurtech Companies:
Some key insurtech companies include Northwestern Mutual, Route, Hi Marley, SambaSafety, Simply Business, Gradient AI, Applied Systems, Trupanion, Liberty Mutual Insurance, Spot Insurance, Vouch Insurance, Chapter, Parsyl, MetLife, High Definition Vehicle Insurance (HDVI), Acrisure Innovation, GoHealth, ePayPolicy, EverQuote, Healthcare Management Administrators (HMA), The Helper Bees, Pumpkin, Sure, Corvus Insurance, Kin Insurance, CertifID, Cover Genius, Clearcover, Bestow, Groundspeed Analytics, Pie Insurance, At-Bay, Embroker, Snapsheet, Vertafore, Policygenius, Doma, Extend, Newfront Insurance, Stride, Ladder, Bright Health, NEXT Insurance, Haven Technologies, Flume Health, Zipari, DAIS Technology, Ethos Life, Lemonade, Metromile, Hippo Insurance, Insurify, Oscar Health, and Haven Life.
