According to the source, there were a total of 1,003 insurtech companies active in Europe. The most active business channels that insurtech companies were competing in included direct insurance, comparison websites as well as product development. Less competitive areas included microfinance and underwriters.
Number of insurtech companies in Europe 2020, by core business activity
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The Digital Insurer. (November 24, 2020). Number of insurtech companies in Europe 2020, by core business activity [Graph]. In Statista. Retrieved January 25, 2021, from https://www.statista.com/statistics/1066927/number-of-insurtech-companies-in-europe-by-category/
The Digital Insurer. "Number of insurtech companies in Europe 2020, by core business activity." Chart. November 24, 2020. Statista. Accessed January 25, 2021. https://www.statista.com/statistics/1066927/number-of-insurtech-companies-in-europe-by-category/
The Digital Insurer. (2020). Number of insurtech companies in Europe 2020, by core business activity. Statista. Statista Inc.. Accessed: January 25, 2021. https://www.statista.com/statistics/1066927/number-of-insurtech-companies-in-europe-by-category/
The Digital Insurer. "Number of Insurtech Companies in Europe 2020, by Core Business Activity." Statista, Statista Inc., 24 Nov 2020, https://www.statista.com/statistics/1066927/number-of-insurtech-companies-in-europe-by-category/
The Digital Insurer, Number of insurtech companies in Europe 2020, by core business activity Statista, https://www.statista.com/statistics/1066927/number-of-insurtech-companies-in-europe-by-category/ (last visited January 25, 2021)