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InsurTech Europe: Workforce balance between Tech & Product and Sales & Marketing

Based on their LinkedIn profiles, we had a look at how 19 of the most funded InsurTech startups in Europe have structured their teams: gathering Tech & Product people on one side, Sales & Marketing teams on the other side.

More Sales & Marketing than Tech & Product

Only few startups are in that area: Alan, Clark, Stable and YuLife.

More Tech & Product than Sales & Marketing

Most of startups are in that space, which could be split again between:

Over 2x more Tech & Product than Sales & Marketing

Between 1-2x more Tech & Product than Sales & Marketing

Envelop Risk

Envelop Risk is an innovative startup that specializes in data-driven cyber underwriting. With the increasing frequency and complexity of cyber threats, Envelop Risk utilizes advanced analytics and augmented intelligence to assess and manage cyber risks effectively. By leveraging data and cutting-edge technology, they provide tailored insurance solutions that help businesses mitigate the financial impact of cyber incidents.

Envelop Risk's approach is centered around harnessing the power of data and analytics to gain insights into cyber risks. Their advanced underwriting process involves analyzing vast amounts of data to identify potential vulnerabilities and threats, enabling them to accurately assess the cyber risk profile of organizations. This data-driven approach allows Envelop Risk to offer comprehensive and customized insurance coverage that aligns with the specific needs and risk appetite of their clients. By combining the power of augmented intelligence and advanced analytics, Envelop Risk is at the forefront of cyber underwriting, helping businesses navigate the ever-evolving landscape of cybersecurity and protect themselves from the financial consequences of cyber attacks.

Lovys


Forget all your preconceptions about insurance. The era of outdated and stuffy insurance is over. Welcome to the Lovys era: your 100% online, customizable, and commitment-free protection. Lovys brings a fresh and modern approach to insurance, putting you in control of your coverage.

With Lovys, you can say goodbye to the hassle of traditional insurance processes. Their fully digital platform allows you to manage your insurance needs conveniently and efficiently. Whether you're looking for home, auto, or personal liability insurance, Lovys provides a seamless experience with personalized options that cater to your specific requirements. By embracing technology and offering a user-friendly interface, Lovys ensures that insurance becomes accessible, transparent, and tailored to your needs. Say hello to hassle-free insurance that's all about you.

Friss

FRISS is a pioneering startup that offers the only end-to-end Trust Automation platform specifically designed for Property and Casualty (P&C) insurers. By leveraging advanced technology and data analytics, FRISS enables insurers to streamline their processes and enhance trust throughout the insurance value chain. From fraud detection to risk assessment and underwriting, FRISS provides comprehensive solutions that revolutionize the way P&C insurers operate.

With the FRISS Trust Automation platform, insurers can significantly improve their efficiency and accuracy in identifying fraudulent activities. The platform leverages AI-driven algorithms and sophisticated data analysis to detect and prevent insurance fraud in real-time. Additionally, FRISS helps insurers assess risks more effectively, enabling them to make informed decisions and optimize their underwriting process. By implementing the FRISS platform, P&C insurers can enhance their operational capabilities, reduce costs, and ultimately build a higher level of trust with their customers.

Leocare

Your insurance at your fingertips. LEOCARE offers a 100% mobile and flexible insurance experience that is hassle-free and tailored to your needs, all at a fair price. With LEOCARE, managing your insurance has never been easier or more convenient.

Gone are the days of complicated paperwork and lengthy processes. LEOCARE's mobile app puts you in control of your insurance coverage, allowing you to easily customize and manage your policies with just a few taps. Whether you're looking for car insurance, home insurance, or any other type of coverage, LEOCARE provides a seamless and user-friendly interface that simplifies the insurance experience. Say goodbye to headaches and hello to insurance that fits your lifestyle with LEOCARE.

Ottonova

With OTTONOVA, you can get immediate coverage without any waiting period. From day one, you will have full protection for all your dental needs.

Enjoy complete cost coverage and peace of mind for your next dental treatment. OTTONOVA ensures that you can confidently go into your dental procedures, knowing that your expenses will be fully taken care of.

Experience lightning-fast reimbursement with OTTONOVA. Say goodbye to the hassle of paying upfront and waiting for reimbursement.

Hedvig

Since its establishment in 2017, Hedvig has been dedicated to revolutionizing the insurance industry by building a company that prioritizes trust, user-friendliness, and aligning with the needs of modern individuals. By recognizing the changing dynamics of how people live their lives, Hedvig aims to provide insurance solutions that are both relevant and accessible.

With a focus on transparency and customer-centricity, Hedvig strives to create a seamless insurance experience for its users. Through innovative technologies and a user-friendly platform, Hedvig aims to simplify the insurance process and make it more intuitive and convenient. By putting trust at the forefront and leveraging technology, Hedvig aims to empower individuals to protect themselves and their assets confidently.

Marshmallow

Beep Beep! Welcome to Marshmallow, where we have been eagerly anticipating your arrival. If you have recently relocated to the UK, we are here to help you save up to 45% on your car insurance. We believe in providing fairer prices that are based on your complete driving experience, no matter which country you've driven in.

At Marshmallow, we understand that moving to a new country can be an exciting but also challenging experience. That's why we strive to make car insurance easier and more affordable for international drivers in the UK. Our innovative approach considers your entire driving history, ensuring that you receive a competitive quote that accurately reflects your skills and experience behind the wheel. So, buckle up and let us take care of your car insurance needs, while you enjoy your journey in the UK.

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