The insurance industry has recently experienced an increasing instability. Many trends pushed industry players to rethink their operating models, from digital transformations, the rise of environmental, social, and governance concerns, and the global shift in terms of economic environment.
This market presents an exciting opportunity: a large addressable market, a necessary purchase, dominated by legacy practices and a critical lack of customer love. It has faced low net promoter scores and high customer churn for a while.
The list below includes 16 of the fastest-growing startups in the French insurtech space in 2023. This selection was based on being backed by top-tier investors and having significant traction.