The total insurtech industry value in 2022 was $5.4 billion.
Revenue forecast for 2030 is $152 billion.
Grand View Research, Insurtech Market Size, Industry
Report, 2022-2030
Digitalization in the financial sector and innovation in bank
products and services are evident today. For example, personalized,
fast and user-friendly services offered by the open banking system
in banking are among the most concrete developments of digital
transformation. In this way, many transactions can be easily
handled online without going to the branches. From this point of
view, we can say that financial digitalization, which started with
the banking sector, also affected the insurance sector. In fact,
Sigortam.net CEO Bora Uludüz states that 16 billion dollars
have been invested in insurtech startups worldwide in 2021, and
that there have been more than 30 unicorns in this field to date.
In this article, where we discuss the concept of insurtech, which
changes the dynamics of the
