The recent reports of HSCM Public Insurtech Index claims about the conditions of market which showcased fall of Startups down by 65% of it’s maximum. The report was made on condition 14 months ago.
This huge descending level creates a question among these startups relating to funding, innovations, and other such Insurtech efforts.
To which some leading startups holders claimed about certain do’s and don’ts too-
Our conducting an interview with Andressen, he gave a tip to stating- “The moment, stocks of the companies hit, they redeem it thankfully. Well, they don’t have to do it anytime.”
He stated about certain factors –
The market hasn’t showed it’s back to yet –
This fall indirectly is a fall for tech too.
After matching these equations with Global X Fintech ETF ( FINX) and others, there is an analyzed approach for multiplicity of revenues of tech companies too.
Investment are paying off –
Growth and Profit are main keys for successful startup and for this, Innovation delivers you with higher growth and combined ratios.
There are some promising Insurtech initiatives-
Malteo- He is founder and director of IoT Insurance Observatory, Global InsurTech Thought Leader and Investor. He is internationally recognized as an insurance industry strategist with a specialization on innovation. Matteo is author and world-renowned authority on InsurTech – ranked among top international InsurTech Influencers. Looking at the historical success of P&C in U.S market with huge and tremendous upliftment. It symbolized towards focus of Insurtech on growth factors and running portfolio based on the loss ratio.