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February 23 2017 | Mark Breading

Boston, Massachusetts, February 23, 2017 – Strategy Meets Action (SMA), a leading insurance strategic advisory firm, has just released a new research report: 2017 InsurTech Landscape: Aligning to Business Opportunities.  The report analyzes the current state of the InsurTech world by assessing approximately 800 startups that SMA has been actively engaging with and following. Findings of the research include the following:

  • 20170223 Insurtech41% of InsurTechs focus primarily on P&C, 20% on L&A/Health, and the remainder cross lines of business.
  • Distribution disruptors are the largest category of InsurTechs (25%), while 11% are startup insurers.
  • Insurers are investing in 6 strategic initiatives that support InsurTech and the digital connected world.

“InsurTech is not a passing fad,” said Mark Breading, SMA Partner and report coauthor. “Like any startup wave, there will be failures and consolidation, but this movement is expected to have a lasting and significant effect on the insurance industry.”

Insurers, InsurTech companies, solution providers, and media that are interested in learning more should contact Mark Breading at mbreading@strategymeetsaction.com or 614.562.8310.