InsurTech explained. The trends and technology driving the industry

Insurtech explained is brought to you by Freshfields Bruckhaus Deringer LLP and is a clear and comprehensive tutorial about the tech and business of retail or even commercial insurance market.

Insurance markets around Europe are changing and InsurTech business models are now the present. Micro-insurance, peer-to-peer insurance, blockchain and IoT is revolutionising the industry in a large way.

Here’s a brief video to introduce you to the technology.

According to website there are some rising InsurTech companies we should watch. We chose to list just the most important 9 European companies:


Axieme is an Italy-based InsurTech startup that has launched the first social insurance to insure communities made by people with same coverage needs. –


Dacadoo is a Switzerland-based Insurtech that has developed and runs an easy-to-use and safe way to manage the personal health and well-being of a user, they call it the dacadoo Health Score platform. –


Docline is a Spain-based Insurtech that has developed a Telemedicine platform that allows doctors to connect with their patients for video consultations, chat and e-prescriptions. Although we don’t consider it a proper InsurTech it is a medical platform with great potential. –

The Floow

The Floow is a UK-based Insurtech that “is a leading telematics provider delivering innovative solutions to insurers, automotive manufacturers and fleet operators worldwide.” –


Insurepal is a Liechtenstein-based Insurtech that has developed a next generation of peer-to-peer insurance based on social proof endorsements, fully harnessing the power of blockchain innovation. –


Lisa is a Spain-based Insurtech that has launched an app that allows users to obtain an immediate budget, in less than 90 seconds, with several options of coverage of professional liability directly from a mobile. –


Segguroo “is a Spain-based Insurtech that has launched an app to let people protect the things that matter to them in a different way.” This is based on the new trend in insurance micro-insurance and has great potential –


Valoo is an France-based Insurtech that allows easy and secure management of people’s possessions. Their main value proposition is convenience. People can secure their goods within one space preparing them in the event of a disaster (fire, theft, water damage, etc.). –


Yolo is an Italy-based Insurtech that distributes products of the major international insurance groups on digital channels. The company is essentially a broker on a tech platform. “YOLO is also the partner of the large insurance groups, capable of creating value and innovation through consulting, technology and marketing.” –