EBITDA multiples of insurtechs globally 2020, by subsector
The EDITDA multiples for public insurtech companies in the data and analytics subsector was estimated to be 17.2 in 2020, which means that their enterprise values would be 17.2 times greater than their EBITDA. EBITDA stands for earnings before interest, taxes, depreciation, and amortization, and is a measure of profitability. Meanwhile, insurtechs active in the IT and BPO services subsector were estimated to have EBITDA multiples of only 9.6 in the same year.