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Recently, the team of strategy consultants Oliver Wyman together with policen direkt published the Insurtech Report 2021, highlighting 27 companies in the insurance industry in the DACH market. Through collaborations with established insurers, sales organizations and other insurtechs, some startups have now developed into so-called scale-ups – including sum.cumo Sapiens, which works with insurance groups such as Ergo, Die Bayerische and the Swiss Dextra. According to Oliver Wyman, scale-ups have set themselves apart by achieving particularly relevant market significance. These scale-ups, including sum.cumo, are driving the market significantly in their business areas.
sum.cumo Sapiens is highlighted in the report as the only scale-up and platform player
The Insurtech Radar looks at the importance of the operations segment, which is continuously growing. Among other things, it looks at insurtechs that are finding new ways to optimize business processes in the insurance industry. sum.cumo is highlighted by Oliver Wyman as the only scale-up that is a major player in insurance platforms.
sum.cumo Sapiens continues to stand for successful digitization of traditional business models
“We are delighted that our rapid company development has again been honored in the latest Insurtech Report,” sums up Ingolf, CEO of sum.cumo Sapiens.
“Our business model stands for a holistic digitalization of traditional business models. Accompanied by our specialists from consulting, user experience, frontend and backend development as well as marketing, we continue to create successful projects from idea to implementation for our customers in the insurance and lottery industry.”
Trends and studies on start-ups in the insurance industry
The Insurtech Radar examines around 210 insurtechs from Germany, Austria and Switzerland. It shows that the majority of those surveyed have come through the pandemic very well. It is also emphasized that there are now some internationally oriented success stories. The market potential remains as great as ever.