After a very active year last year - with around €2.5 billion invested in insurtech Europe (read more) - and a market correction for public tech companies, it’s time to review how things went in the European insurtech scene during the first half of this year.
Depending on how to measure the “activity” of a startup ecosystem, there will be a different answer: with 60% less money raised during six months - compared to the same period last year - that is a huge drop! But there were 10% more deals inked during that period. Hence, the ecosystem is still alive, which makes sense as there is still a lot of room for innovation in the insurance industry.
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