Startup Of The Week

Insurance Startups to Watch

WHAT IT DOES: Uses drone technology in the agricultural, logistical, and mining industries to acquire better data analysis using AI algorithms, allowing
insurers to price and assess damage more effectively. Itwas selected to participate inStartupbootcamp InsurTech.

WHAT IT DOES: Collects data from mobile phones and other connected things — including cars — and then uses machine learning, a form of AI, to build holistic customerprofiles, providing better insights into customer risk exposure and customer product needs.

WHAT IT DOES: Uses AI to provide a personal insurance concierge that tells you if you are over- or under-insured, determines whether you have duplicate or missing coverage and advises whether you can get a better price for existing coverage.

WHAT IT DOES: Provides a digital marketplace that allows users to manage, value, and protect their belongings in a single app. In May it raised an €8 million second round of financing from Maif,Macif and 5M Ventures to expand internationally.

WHAT IT DOES : Provides insurance companies with technology solutions to
offer on-the-spot micropolicies to their clients. Its A.I.learns on the go sothat it
can suggest the right insurance at the right time to end customers,
such as coverage during a short stay in a foreign city.

WHAT IT DOES: Uses AI to analyze and score claims to help insurance companies detect fraud,freeing fraud handlers to focus on only the most suspicious cases. All the data the company collects from all its clients educates its algorithms.The company raised $10 million inMay 2016.

About the author

Jennifer L. Schenker

Jennifer L. Schenker, an award-winning journalist, has been covering the global tech industry from Europe since 1985, working full-time, at various points in her career for the Wall Street Journal Europe, Time Magazine, International Herald Tribune, Red Herring and BusinessWeek. She is currently the editor-in-chief of The Innovator, an English-language global publication about the digital transformation of business. Jennifer was voted one of the 50 most inspiring women in technology in Europe in 2015 and 2016 and was named by Forbes Magazine in 2018 as one of the 30 women leaders disrupting tech in France. She has been a World Economic Forum Tech Pioneers judge for 20 years. She lives in Paris and has dual U.S. and French citizenship.