The HOTTEST FinTech Vertical - InsurTech
In 2017, we can expect to see several interesting M&A deals made by larger traditional insurance companies.
In comparison to banks, they have become really active in terms of innovation, trying to work and cooperate with InsurTech startups at the beginning of their growth – that is why investments and acquisitions from them are just a matter of time.
All in all, companies focus more and more on work with SMEs instead of big companies, which is an apparent trend caused by the growing role of gig economy (composed of freelancers, employees, and clients of intermediary marketplaces and on-demand services). Their Uber-like services for the new types of employees (and clients), which did not exist before.