Marshmallow founders Alexander and Oliver Kent Braham
Marshmallow
We asked prominent tech investors to tell us which European insurance startups will be big in 2021.
Last year more than $7 billion went into insurance startups globally, according to CB Insights.
The largest raise in Europe in 2021 could soon come in the form of a raise from London-based Zego.
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Startup founders and venture capitalists are looking to take on the staid world of insurance.2020 saw record amounts of capital flow into the space, amid an IPO for
mobile insurance startup Lemonade and medical backup firm
Oscar Health.This year began with a massive
$125 million round for Sidecar Health, and the largest raise in Europe in 2021 could soon come in the form of a raise from London-based Zego,
as Insider recently reported. Insurance as a sector covers everything from underwriting, distribution, claims, and product, with individual disruptors aiming to upend a largely traditional and digitally deficient industry. In 2020, annual "insurtech" funding reached an all-time high of $7.1 billion across 377 deals - marking a 12% increase in funding and a 20% increase in deals compared to 2019,
according to CB Insights. We asked some of Europe's top venture capitalists to name the most exciting insurance startups on the continent. Check out their picks below:
Inzmo
INZMO cofounders Meeri Rebane and Risto Klausen
INZMO
