Analysis

Insurtechs navigating the pandemic amid shifting consumer behaviour – stick or pivot?

By 2020-09-01T11:13:00

boat corona journey

Covid-19 has been hard on insurtechs, which have had to adapt to changing demands from consumers in lockdown. Insurance Times takes a look at how some have weathered the storm better than others and what it takes to make a business pandemic proof

Whether it is funding issues, restructuring or going bust, the coronavirus crisis has been a rollercoaster ride for insurtechs.

Consumer demand and behaviour has shifted during the pandemic and insurtechs have had to adapt to meet the ’new normal’.

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