What’s the business landscape like in the US for intrepid insurtechs heading West? The US has the largest proportion (56.1 per cent) of the global insurance market, far exceeding densely populated Japan (7.4 per cent) and the UK (7.3 per cent), making it a honeypot for providers and their investors. Duck Creek Technologies from Chicago and Ethos Life from Texas are among the biggest success stories, having racked up mega-rounds in the last year, shooting their valuations to unicorn status.
