Insurtech companies are technology-driven startups that aim to disrupt and innovate the traditional insurance industry by leveraging emerging technologies such as big data, artificial intelligence, and the Internet of Things (IoT).
The growing popularity of insurtech companies is due to several factors, including the increasing demand for personalized and flexible insurance solutions, the need for more efficient and cost-effective insurance processes, and the ability of insurtech companies to leverage emerging technologies to improve risk assessment, underwriting, and claims management.
BrowserStack is an India-based company founded in 2011 by Ritesh Arora.
Gusto is a company providing a cloud-based payroll, benefits, and human resources management platform.
Hive is an artificial intelligence software company specializing in deep learning and computer vision.
Illumio is a cloud security company utilizing adaptive segmentation to prevent cyber threats of unauthorized communications.
Ivalua is a a Redwood City, California-based provider of enterprise spend management tools.
Newfront Insurance is a company that provides technologies that are designed to simplify brokerage processes
Also known as Linxlogic, ServiceTitan develops and provides service management software for home services businesses.
SingleStore is a San Francisco-based database software and analytics company offering a platform to help companies operationalize their data.
Stripe is a financial technology company providing software that allows businesses and individuals to make and receive online payments.
Vacasa is a Portland, Oregon-based company founded in 2009.
Retail price: $100