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Corporates Close the Insurtech Gap by Diversifying Innovation Strategies
The latest report from Tällt Ventures – Insurance Disruption Trends 2017, Corporate Innovation – has analysed the innovation strategies of some of the world’s largest corporates to reveal the trends that lead to successful corporate innovation.
The report has identified that since 2016, over $1.97 billion has been invested into Insurtech.
The increasing pressure from new, highly funded ventures not encumbered by antiquated legacy systems and rigid corporate structures, pose a significant and disruptive threat to corporate insurers.
Insurance companies are now working to bridge this technological gap by revising their innovation strategies. Of the top ten corporate investors, each financed almost $100 million funding into insurtech ventures, on average, since 2016.
The report however has found the most successful corporate innovation strategies extend beyond investment alone.
Through analysis of data from over 5 million ventures and interviews with dozens of influential and established insurers from around the world, the most successful innovation strategies address one or all of the following three pillars – build, partner and buy.
Matt Connolly, Founder & CEO Tällt Ventures, explains “In today’s market, a focus on M&A activity and incremental improvements to core business efficiencies are no longer enough to remain relevant. Companies are now faced with an ultimatum. Innovate strategically in the context of the global Insurtech growth or risk overnight irrelevance.”
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CLS Appoints Six New Board Directors
CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announces the appointment of six new members to its Board of Directors at the CLS Annual General Meeting held on 9 June 2026.
Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World
Mobey Forum’s Fraud Expert Group has published a new report, Rethinking Fraud in a Connected World: Trust, Collaboration, and Resilience in the Digital Ecosystem, exploring how fraud is evolving beyond traditional banking threats and why stronger collaboration across industries is becoming essential.
SumUp Launches in Canada
SumUp, the global financial technology company, today announced its official launch in Canada. The milestone makes Canada SumUp's 38th market and its latest step in building out its presence across the Americas, as the company continues its mission to make commerce simpler and more accessible for all businesses worldwide.
European Fintech Association Elects New Board of Directors
The European FinTech Association (EFA) today announced the election of its new Board of Directors, bringing together senior leaders from across Europe's fintech ecosystem to guide the Association's work over the coming term.
G+D: Navigating the Future of Fintech Agility and Innovation
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Connect IFA Strengthens Leadership Team to Drive Growth and Enhance Adviser Support
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