Brazil: insurtech startups 2020, by business model
segment for insurtech companies in Brazil was infrastructure and backend.
Almost 56 percent of insurtech startups in Brazil in 2020 had Business-to-Business (B2B) as their business model. Meanwhile, Business-to-Consumer (B2C) companies accounted for nearly 40 percent of the insurtech startups identified in the country. As of that point in time, the leading