Balkan Insurtech Map at the End of 2022 Cover Image

Карта на Балканския Иншуртех към края на 2022
Balkan Insurtech Map at the End of 2022

Author(s): Desislav Danov
Subject(s): Politics / Political Sciences, Politics, Economy, Business Economy / Management, Economic policy, ICT Information and Communications Technologies
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: Insurtech; map; Balkans; insurance; digitalization; investments
Summary/Abstract: Insurance digitalization across the Balkans is making slowly its way through the incumbent landscape. Newcomers are facing different challenges due to national fragmentation, small market capacity, lack of adequate financing and poor interaction with the industry. Nevertheless the Insurtech pioneers are adapting rapidly and try to catch-up with their counterparts from more developed areas. In the present study is pictured the first-of-akind attempt to be created an all-encompassing map of the Insurtech developments in the region. This mapping effort introduces existing taxonomy from the Cambridge Fintech Ecosystem Atlas, adapted to reflect the Balkan insurtech reality.

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