Curious how the €700m invested in InsurTech Europe 🇪🇺 during H1 2022 split across geographies?
Let’s start with the no-surprise: the UK 🇬🇧 and French 🇫🇷 ecosystems were the most active with 28% and 26% of deals inked in these startups scenes.
The major surprise rather came from Germany 🇩🇪 which was clearly lagging behind with only 12% of deals announced there, over the first half of the year. It’s even more surprising when having in mind how active is the German startup ecosystem more broadly. Does that mean there is something specific with InsurTech in Germany ?
And beyond these usual top 3 most active ecosystems, the “rest of Europe” was very active, accounting for 1/3 of all deals announced. It’s worth mentioning Italy 🇮🇹 is making a great comeback after a very quiet year last year.
And Spain 🇪🇸 remained a hot scene for insurance innovation.
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