Beyond the Market: Europe's Insurtech Landscape Exposed
👀Reading between the lines is a skill that requires practice, especially when it comes to deciphering data from an insurtech startup. But don’t worry, Stanislas Lot, partner at daphni, gives you an overview of the main players in Europe from their SFDR filings.
Revealing the truth about the European insurtech industry, it sets the tone!
By examining the public metrics, we were able to delve into the results of Lemonade‘s very aggressive pricing strategy upon its entry into the European insurtech market in 2021. 2 years later, not very exciting if you ever ask.
In comparison, the giant of European insurtech Wefox, is faring quite well. Don’t hesitate to check out the comparison with its German competitors in recent years (with a GWP rate that will leave you astounded 🤯).
Time to turn our attention to the French players, who are putting up a good fight in their own unique ways. You may know a few names like Alan, the market leader, who continues to impress with transparent metrics and interesting growth. Smaller ones are still in the game: Seyna, Acheel or Mila… Find out how they’re managing.
📣At daphni, we’re always open to discussing these topics with you. And if you are currently building an insurtech, please get in touch!
The daphni Team