Insuranceciooutlook
Broker Buddha & Founder Shield: The Technology Behind the Insurance Brokerage of the Future

Top 10 Insurtech Startups - 2017

Insurtech startups are set to reinvent the insurance industry. Many policy holders and prospective clients are demanding seamless, speedy, on-demand experience that they get in so many other areas of the digital economy. As a result, innovative solution providers are emerging in every category of the insurance industry from health insurance to cyber crime with new technologies that help sync with fast changing customer behavior, new market dynamics, and increasing competitiveness.

Partnerships between insurtechs and incumbents in an open architecture that fit the marketplace model are emerging to provide consumers with the best products at the lowest costs. Many solution providers and technologists are exploring risk management, peer to peer underwriting, and use of wearables/devices with a mix of advanced analytics, blockchain technology, algorithms, machine learning, and artificial intelligence—delivering groundbreaking solutions into the insurtech world.

This edition of Insurance CIO Outlook features companies with expertise in Insurtech solutions to update you about the insurance technology solutions you can choose from. To help CTOs, CIOs, and CEOs find the right insurtech solution provider, a distinguished selection panel comprising CEOs, CIOs, VCs, and the Insurance CIO Outlook magazine’s editorial board has selected a list of the top insurtech startups that leverage innovative technologies and strategies.

We present to you Insurance CIO Outlook’s Top 10 Insurtech Startups - 2017.

Top InsurTech Startups Companies

A highly skilled data analytics firm that applies big data analytics to operationalize healthcare care cost management at the employee level

www.alithias.com

A tech enabled brokerage that offers intuitive SaaS solutions for brokers

www.brokerbuddha.com

On-demand live video platform for claims processing

www.dropininc.com

Provides insurance technology solutions for multifamily housing to replace security deposits with insurance

leaselock.com

LegacyArmour augments life insurance & estate plans by storing your important digital information in encrypted vaults that get automatically delivered to designated beneficiaries when a life event takes place

legacyarmour.com

Provides insurance companies or employers the ability to enable policyholders to engage more and make better insurance decisions

life.io

Provides an interoperable platform for managing healthcare and insurance data

www.ppx-tec.com

An insurtech startup designed for consumers, that provides on-demand, pay-per-use insurance with no hidden costs

slice.is

Provides a platform that simplifies the sale of insurance for brokers, besides providing all the necessary information for carriers and policy seekers

www.wellthie.com

Trōv

Trōv

Provides an on-demand insurance platform that collects details of the things important to a user and protects them