Which Ile-de-France Insurance Startups are Transforming the Industry in 2023?

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While the French startup scene is often overlooked by those more interested in ecosystems like Silicon Valley or London, it is worth shining a spotlight on the increasingly vibrant insurance tech (Insurtech) scene, particularly in the Ile-de-France region. More and more innovative startups are revolutionizing the way we view and approach insurance. Here are 15 insurance startups based in Ile-de-France that are worth taking a closer look at.

Each of these companies is finding new ways to apply technology, agility and innovation to the seemingly mundane world of insurance. They span a range of sectors, offering services in areas as diverse as artificial intelligence, auto insurance, health care, and property insurance.

These startups are not just surviving in a traditionally conservative industry, they’re thriving, showing that there is room for innovation and development in every sector. They’re also showcasing France’s ability to produce leading-edge technology and companies.

Qantev

Qantev, a smart claims platform aiming to augment insurance, combines several modern technologies like analytics, artificial intelligence and machine learning to enhance the way insurance claims are handled. This startup was co-founded by Hadrien De March and Tarik Dadi.

Monk.ai

Monk.ai, founded by Abou Laraki and Faycal Slaoui, is an artificial intelligence-driven company that automates vehicle damage detection – a key area in auto insurance.

Homebrella

Homebrella is focused on providing home insurance services tailored to meet the needs of tenants. They have carved out a niche within the auto insurance and commercial insurance sectors.

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BEA Group

BEA Group specializes in civil liability insurance for healthcare establishments, playing a key role in the healthcare and health insurance sector.

Appenin

Appenin is a startup that focuses on delivering quality home insurance services, showing the depth in the InsurTech sector in France.

HEYME

HEYME offers a comprehensive range of digital mutual health insurance products and services aimed at students and young workers, addressing a specific target demographic with tailored products.

ASSURVA

ASSURVA stands out in providing health and insurance products for professionals and SMEs, showcasing a special horizontal in the insurance market.

Lexem

Lexem curates its services towards simplicity and transparency, providing health insurance, life insurance, and property insurance.

Fleet

Fleet, co-founded by Alexandre Berriche, offers a device-as-a-service B2B solution that includes leasing, insurance, and premium IT support.

Joltee

Joltee, started by Florent Sejour and Thomas Miconnet, is an auto insurance company specializing in insurance for electric cars.

SmartGarant

With founders like Benjamin THOMAS, Charif EL BOUAMRI, and Thomas NEURAZ, SmartGarant is a new-generation French guarantor that facilitates tenant files and guarantees landlord leases at no cost to the tenant.

Acheel

Acheel is a fascinating insurance startup. This ground-breaking digital insurance platform was co-created by Ralph RUIMY.

Mila

Mila, founded by Gerard Deray and Jean Boucher, is an insurance specialist in the field of real estate.

Lyanne

Lyanne, created by Jeanne Depond and Li Cai, is focused on customer service and employee benefits, simplifying claims management and asserting rights.

Malakoff Humanis

Malakoff Humanis is a startup dedicated to societal commitments related to cancer, disability, employee assistance, and aging well.

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The insurance sector in Ile-de-France is showing signs of increasing dynamism and innovation, promising a vibrant future for InsurTech startups in the region. With these 15 companies spearheading the sector, the future indeed looks promising.


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