Platforms to obtain insurance such as workers compensation, general liability insurance, professional liability, and other business insurance products, specifically targeted toward small businesses and startups

Digitally offered commercial auto insurance and usage-based insurance products for B2B customers such as vehicle fleet operators

Platforms that offer insurance to protect physical property business buildings and contents

White-label platforms and APIs for companies to build their own commercial insurance products

Providers of solutions that target a specific part of the value chain, with solutions to support underwriting decisions, detect fraud, automate claims processing, automate customer service, etc

Simplifying the insurance experience for businesses using technology

Commercial InsurTech

Overview

<div>
  <p>
    Commercial InsurTech refers to insurance services for enterprises offered through digital channels and the enabling infrastructure. These include general liability insurance along with products that leverage new ways of pricing policies such as usage-based insurance (for vehicle fleets) and data-driven insurance for commercial properties.
  </p>
  <p>
    Needs around convenience and personalization, which have driven demand for insurance in the personal lines segment, are also being seen in the commercial insurance space. Most of these insurance products (especially those in the general insurance segment) are catered toward small businesses and freelancers, enabling the streamlining of the purchasing of commercial insurance, which traditionally has been a very manual exercise. Infrastructure providers offer turnkey platforms and APIs for insurers and other businesses to develop and launch their own insurance offerings with other specific solutions also available to digitalize certain aspects of the value chain such as underwriting and claims.
  </p>
  <p>
    *Note: Additional sections (such as detailed overview, market sizing, and incumbents) can be provided on request. 
  </p>
</div>


Commercial InsurTech

Commercial InsurTech

About EDGE

Contact Us

Resources

Area of Focus

Technology Research Made Effortless