{"id":6781,"date":"2019-05-28T15:56:51","date_gmt":"2019-05-28T15:56:51","guid":{"rendered":"https:\/\/insights.invyo.io\/europe\/?p=6781"},"modified":"2019-06-05T15:41:19","modified_gmt":"2019-06-05T15:41:19","slug":"the-state-of-insurtech-in-spain","status":"publish","type":"post","link":"https:\/\/insights.invyo.io\/europe\/analyses\/the-state-of-insurtech-in-spain\/","title":{"rendered":"The State of Insurtech in Spain"},"content":{"rendered":"<p>Invyo is getting involved in the Global Summit Insurance for Innovation (GSII) in June the 13<sup>th<\/sup>-14<sup>th<\/sup> 2019, <strong>one of the most important summit in Europe addressing top trends in the insurance and tech industry.<\/strong><\/p>\n<p>Insurance leaders are facing strategic and operational challenges and rush to build an integrated customer experience that brings together their value propositions across multiple touchpoints, distribution channels and customer segments.<\/p>\n<p>With this event, our team made a short video to give you an overview of the state of the Insurtech Ecosystem in Spain:<\/p>\n<div style=\"width: 696px;\" class=\"wp-video\"><!--[if lt IE 9]><script>document.createElement('video');<\/script><![endif]-->\n<video class=\"wp-video-shortcode\" id=\"video-6781-1\" width=\"696\" height=\"464\" preload=\"metadata\" controls=\"controls\"><source type=\"video\/mp4\" src=\"https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/INVYO-Insurtech-in-Spain-2019.mp4?_=1\" \/><a href=\"https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/INVYO-Insurtech-in-Spain-2019.mp4\">https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/INVYO-Insurtech-in-Spain-2019.mp4<\/a><\/video><\/div>\n<h3><strong>Key takeaways:<\/strong><\/h3>\n<figure id=\"attachment_6787\" aria-describedby=\"caption-attachment-6787\" style=\"width: 150px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/fintech-insights.com\/research-portal\/reports\/country-deep-dive-analysis-spanish-insurtech-ecosystem-q12019\/\" class=\"broken_link\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6787 size-thumbnail\" src=\"https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/NEW-REPORT-SPAIN-FINTECH-INSIGHTS-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" srcset=\"https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/NEW-REPORT-SPAIN-FINTECH-INSIGHTS-150x150.jpg 150w, https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/NEW-REPORT-SPAIN-FINTECH-INSIGHTS-300x300.jpg 300w, https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/NEW-REPORT-SPAIN-FINTECH-INSIGHTS.jpg 600w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a><figcaption id=\"caption-attachment-6787\" class=\"wp-caption-text\">Download PDF<\/figcaption><\/figure>\n<p style=\"text-align: left;\">Through INVYO Analytics, we identified that Spain is currently hosting 166 Insurtech, with more than 50% of them being created in the last 5 years. Firms are mainly located in Barcelona and Madrid.<\/p>\n<p style=\"text-align: left;\">To date, the Total fundraised by Spanish Insurtech is estimated at around \u20ac357 million.<\/p>\n<p style=\"text-align: left; padding-left: 40px;\">More than 50% of Spanish Insurtech are specialized in the Health &amp; Medical sector. New trends are emerging such as P2P insurance or fraud detection.<\/p>\n<h3><strong>Discover below some rising Insurtech start-ups:<\/strong><\/h3>\n<p><strong>&#x1f31f;<\/strong><strong> Elma care<\/strong><\/p>\n<p>Elma was founded in 2017 in Barcelona. Elma Care is an Insurtech that wants to make medical services more available and more reachable.<\/p>\n<p>With Elma Care, clients can receive diagnosis and advise via chat, phone call or video call.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-6790 size-full\" src=\"https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/2.jpg\" alt=\"\" width=\"927\" height=\"442\" srcset=\"https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/2.jpg 927w, https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/2-300x143.jpg 300w, https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/2-768x366.jpg 768w\" sizes=\"(max-width: 927px) 100vw, 927px\" \/><\/p>\n<p>Discover Elma Care &#x1f449; <a href=\"https:\/\/elma.care\/\" class=\"broken_link\">https:\/\/elma.care\/<\/a><\/p>\n<p><strong>&#x1f31f;<\/strong><strong> Coverfy<\/strong><\/p>\n<p>Coverfy was fonded in 2016 in Barcelona. The company allows anyone to manage their insurance policies directly from their mobile. Coverfy is part of the TOP 10 Barcelona Start-ups ranking<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-6791 size-full\" src=\"https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/1.jpg\" alt=\"\" width=\"927\" height=\"442\" srcset=\"https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/1.jpg 927w, https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/1-300x143.jpg 300w, https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/1-768x366.jpg 768w\" sizes=\"(max-width: 927px) 100vw, 927px\" \/><\/p>\n<p>Discover Coverfy &#x1f449;: <a href=\"https:\/\/www.coverfy.com\/\">https:\/\/www.coverfy.com\/<\/a><\/p>\n<p><strong>&#x1f31f;<\/strong><strong> Bdeo<\/strong><\/p>\n<p><strong>\u00a0<\/strong>Created in 2017, Bdeo is a Spanish Insurtech that uses artificial intelligence so as to manage car and home accidents. This fintech uses several technologies as augmented reality, AI or geo-tracking video to simplify the claims process.<\/p>\n<p><strong>\u00a0<\/strong><strong> <img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-6792 size-full\" src=\"https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/3.jpg\" alt=\"\" width=\"927\" height=\"442\" srcset=\"https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/3.jpg 927w, https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/3-300x143.jpg 300w, https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/05\/3-768x366.jpg 768w\" sizes=\"(max-width: 927px) 100vw, 927px\" \/><\/strong><\/p>\n<p><strong>Discover Bdeo <\/strong><strong>&#x1f449;<\/strong><strong>\u00a0<a href=\"http:\/\/www.bdeo.es\/en\/\">http:\/\/www.bdeo.es\/en\/<\/a><\/strong><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">\u00a0<strong>Discover more about the European fintech <\/strong><strong>landscape<\/strong><strong>:\u00a0<a href=\"https:\/\/invyo.io\/\">https:\/\/invyo.io\/<\/a><\/strong><\/h3>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Invyo is getting involved in the Global Summit Insurance for Innovation (GSII) in June the 13th-14th 2019, one of the most important summit in Europe addressing top trends in the insurance and tech industry. Insurance leaders are facing strategic and operational challenges and rush to build an integrated customer experience that brings together their value [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":6789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[551,2180,2176],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The State of Insurtech in Spain - INVYO Insights Europe : Media Fintech<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insights.invyo.io\/europe\/analyses\/the-state-of-insurtech-in-spain\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The State of Insurtech in Spain - INVYO Insights Europe : Media Fintech\" \/>\n<meta property=\"og:description\" content=\"Invyo is getting involved in the Global Summit Insurance for Innovation (GSII) in June the 13th-14th 2019, one of the most important summit in Europe addressing top trends in the insurance and tech industry. 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