My weekly #fgtrends No.341
#InsurTech weekly
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1️⃣ The #InsurTech opportunity towards SME
Small business insurance has been one of the most talked about areas of insurance over the past five years. While talk has been high, action has been low from most incumbent insurers.
2️⃣ Index of #API-first startups Worldwide
GGV Capital is tracking over 150 API-first companies. We have published the API-First Index below to highlight the top 50 private companies based upon total funding raised*. With this Index, we are focusing on API-first companies and have not included the broader and flourishing API economy.
3️⃣ 6 #FinTech trends in retail banking
Consumers are increasingly turning to fintech solutions and big tech platforms, fragmenting existing relationships for essential financial services, such as deposits, loans, payments and investments. The importance of developing and deploying new digital services, building new business models, and transforming from a product-centric to customer-centric culture should be the focus for all banks and credit unions going forward.
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📈 How InsurTech compares to FinTech in terms of investments (here)
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