16000
14000
12000
15000
57 % Insurance Related
Financial Services Healthcare Cybersecurity
10000
|
8000
6000
|
4800 |
5900 |
4200 |
$ 15B
2021
|
4000 |
|
|
|
|
Insurtech ( M US D ) Non Insurtech ( M USD ) |
2000
0
|
2200
1500
1100
2018 2019 2020 2021
|
3000 |
43 % Non Insurance Related |
that are linked to the Insurance Industry . Out of the $ 15B Non-Insurtech investment , almost 60 % went to companies dedicated to Financial Services , Cybersecurity or Healthcare ; three activities intrinsically linked to insurance . In this sense , there is not only a financial bet when investing , but insurers are seeking impact both on their organisations and on their customers .
This aforementioned ‘ herd effect ’ and the drop in interest rates stimulated investment , making the bet less risky . In addition to investing in startups close to the sector – with the aim of improving their own value proposition – we see how insurance companies are also entering other industries in which they can grow in customer base and incorporate new margins , now easier – since these activities are all occurring at a time when other sectors are entering the Insurance industry .
Digital , Hybrid and Embedded Distribution : A Mirror to Today ’ s Insurance Historically , the concentration of investments and the appearance of new models , entrants and technologies have always taken part in the Insurance distribution . 2021 has not been an exception and once again this part of the value chain has concentrated everyone ’ s interest .
As opposed to the almost complete interest of insurers in Health in 2020 , their investment this year went beyond the
“ THIS IS THE SIXTH EDITION OF OUR ANNUAL REPORT , AND THEREFORE IS THE RESULT OF MANY YEARS OF LEARNING AND EXPERIENCE ”