As of Dec 28th, #InsurTech raised $7Bn in funding in 2020.
In these slides, I share an investment update on the state of InsurTech investment and its impact on the startups. growth ventures, investors, and incumbent player communities.
I am also sharing a few case studies of winning market players including Oscar, Lemonade, Root, Wefox, and Ant Financial which all did very well in 2020. Also, check-out my 2021 prediction article on LinkedIn, which brings everything together.
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Zeguro provides tailored cyber insurance and a virtual cybersecurity
officer for small to mid-sized enterprises. Zeguro’s unique approach
enables them to overcome the challenges faced by brokers and
carriers with distribution and pricing. Licensed as an insurance
producer currently in CA & NY, the company also operates its
commercial insurance agency and brokerage business as Zeguro
Insurance Services across the majority of US states.
Mission:Protectsmallbusinessesfromcybersecuritythreats
DomainArea:Digitalcybersecurityand analytics
Founded:2017
Raised:£5M -seed
Zeguro’s Cyber Risk Prevention & Mitigation platform provides training,
monitoring, compliance and cyber insurance policies tailored to their
client's unique risk profiles. It has also recently developed end to end
insurance policy quotes for SMEs in minutes across all 50 US states.
Some of Zeguro’s partnerships and key highlights include:
▪ Partnership with Allianz’s specialist corporate insurer, Allianz Global
Corporate & Specialty, in which Zeguro acts as a virtual chief
information security officer (CISO) to those who purchase Allianz’s
cyber insurance coverage to further manage their cyber exposure
and decrease the overall risk of financial loss following a cyber
attack.
▪ Partnership with QBE Insurance Group to create an insurance
product that is designed specifically for small to medium
enterprises. This will allow SME customers to take control and have
oversight of their cyber exposure through an interface that
automates cybersecurity processes.
▪ Partnership with HSB, a leading specialist insurer part of the Munich
Re Group, provides capacity to support Zeguro’s cyber insurance
products for SMEs. Businesses can buy insurance tailored to them in
a few clicks from within the platform.
Broker-to-SME distribution
Tailored cyber-risk prevention
Digital cyber-risk mitigation platform
Works with key ecosystem partnerships
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