Valuation : $ 5bn Founded : 2015

Valuation : $ 4bn Founded : 2015

Launched seven years ago , Next Insurance was one of the very first insurtechs to create products and services for business customers .

The digital insurer provides for the needs of enterprise clients in a broad range of industries , ranging from retail to construction , and gives customers a digital platform that assists with SME cover , providing services such as liability insurance , workers ’ compensation , equipment insurance and more .

Launched by co-founders Assaf Wand and Eyal Navon , Hippo is the leading property insurtech in the US . Based in Palo Alto , California , it harnesses the power of innovative IoT technologies to provide homeowners with insurance cover that is flexible , affordable and fast .

Hippo ’ s products cover the homes and possessions of the policy holder , as well as liability from accidents occurring in the insured property . The company uses AI and big data to aggregate and analyse both property information and risk .

134 July 2022