Turnover: EUR ()
Country: France
Raising $1.4 million in 2014, $10 million in 2016, then $28 million in 2017, Shift Technology is one of France's most promising young firms. The start-up specializes in a very specific segment of the market, but one that is highly promising given the strong demand for its services. It offers a SaaS solution for insurance companies, enabling them to detect fraudulent declarations and thus combat insurance fraud.
The company has already established itself as a leader, since its artificial intelligence tool, used by 45 insurers worldwide, has made it possible to secure 400 million declarations of various kinds.
News
Shift Technology, the digital companion for insurers. 21/08/2021
- Created in 2014 and operational since 2015, Shift Technology markets its products to around 100 customers worldwide, with its artificial intelligence-based technologies.
- It raised $220 million last May, which gave it unicorn status.
- Its 2020 objectives are to reach 100,000 customers and 500 million euros in written premiums.
- In 2020, nearly $660 billion in premiums will have been collected across the Atlantic.
- China, which is obviously a golden market for Shift due to its size, boasts two insurance giants that are highly advanced in terms of technology, even if they are less well known than the likes of Tencent, Alibaba and Alipay.
- Shift has 218 million policyholders.
- It is currently setting up an artificial intelligence center dedicated to insurance in France, which will employ over 300 data scientists within two years.
- 30 foreign employees recently hired
Studies mentioning this company
The cybersecurity market - France
Other companies mentioned:
- Cyberark
- Airbus Cybersecurity
- Thales
- Akerva
- Amossys
- Git Guardian
- Alten
- Atos
- Docaposte
- Orange Cyberdefense OCD
- CS Group
- Shift Technology
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- Chapsvision
- Palantir
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- Forward ( ex Avisa Partners)
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- OverSoc
- I-TRACING
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- Devensys Cybersecurity
- Harfanglab
- Berger Levrault
- Secure IC
- Nano Corp
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- Squad Cybersécurité
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- Vade Secure
- Tyrex Cyber Kub
- Seclab Cyberdecurity
- GAC Scalian
- Darktrace
- Tehtris
- Sentryo
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The insurance brokerage market - France
Other companies mentioned:
- Gras Savoye Willis Tower Watson France
- Verspieren
- SPB
- Assurpeople
- Indexia Group - ex SFAM
- April group
- Henner Groupe
- Entoria
- Alptis
- Acheel
- Just
- Wakam
- Diot Siaci
- Premium Groupe
- Saretec Groupe
- Verlingue
- Vilavi Groupe (ex Assu 2000)
- Fibus (ex Chateaudun Credit)
- Prevoir Groupe
- Adelaide Assurance
- Antinea Courtage
- Artemis Courtage
- Abeille Assurance (Aéma groupe)
- Descartes Underwriting Insurance
- Shift Technology
- Satec Groupe
- Roole
- Alexis Assurances
- Wefox
- SPB Groupe - AVI
- Continuity Assurance
- SL. Travaux Conseils
- Aon France
- Groupe Filhet Allard
- Cabinet Besse
- Direct Assurance
- Assurmix
- Magnolia Web Assurance
- Sada Assurances (Groupe DEVK)
- HD Assurances (JAB Holding)
- Santé Vet - Vetassur
- AssurOne Group
- Assuristance Groupe
- Lassurance.obsèques.fr
- Cbp Group
- Seyna
- Finaxy
- Finaxy
- Abeille Assurances Holding
- Ada Courtage
- Adep
- Adlp Assurances
- Adm Value Assurances
- Advenis Gestion Privee
- Afi Esca Patrimoine
- Ageas Patrimoine
- Alptis Assurances
- Altaprofits
- Amaline Assurances
- Animal Experts
- Aon France
- April Entreprise Caraibes
- April International Care France
- April Moto
- Arilim Assurances
- Armatis Financial Services
- Ascora
- Asselio
- Assist Courtage D'Assurance Et Reassuran (Acar)
- Assunet
- Assurance Et Audit
- Assurance Unie
- Assurances 2000
- Assurances Gestion Services (Sagesse)
- Assurances Nicole Lacour
- Assurances Pilliot
- Assurandis
- Assureo
- Assurever
- Assurinco Assurance Voyage
- Assurone Group
- Astoria Finance
- Axa Wealth Services
- Bayvet Basset
- Belvia Garanties
- Bpifrance Courtage
- Brh
- Carene Assurances
- Cbp France
- Cbp Italia
- Cegema
- Cie Automob Assurance Et Reassurance Ass (Caarea)
- Ciscar Courtage
- Citya Assurances
- Colbert Assurances
- Colonna Broker
- Colonna Facility
- Cooper Gay
- Cpi Patrimoine
- Credit Agricole Assurance
- Defense Et D'Assurances (Sada)
- Diot Rhone Alpes
- Direxi
- Elois
- Envergure Conseil
- Epargne Actuelle
- Erick Dechelette & Celine Ojeda Associes
- Euro Assurance
- Europeenne De Courtage D'Assurances
- Favier Casanova Associes
- Fimo Courtage
- Financiere Du Capitole
- Fma Assurances
- Francois Branchet
- Galian Courtage
- Gan Patrimoine
- Gan Prevoyance
- Garantie Privee Com
- Generali France
- Gestion Service Agences
- Global Aerospace Underwriting Managers Europe
- Gritchen Tribeche Et Associes
- Groupe Sofraco
- Groupe Zephir
- Hd Assurances
- Helium
- Helmett
- Henner
- Herve Clavel Assurances
- Iassure
- Ima Innovation
- Jlb Expertises
- Jp Morgan Courtage
- Karapass Courtage
- Ma Sante Facile
- Magnolia Web Assurances
- Malakoff Humanis
- Mandae
- Marsh
- Maxis Gbn
- Media Courtage
- Mercer (France)
- Mesange Prevoyance
- Mgen Solutions
- Mma Gestion
- Ofracar (Office Francais Courtage Assurances)
- P Plasse & Cie
- Papernest Services
- Partenaires Plus
- Prefon Distribution
- Prevaris
- Prevoyance Fi
- Primonial
- Primonial Partenaires
- Protection Financiere
- Santiane Fr
- Securycar
- Servyr Courtage
- Sfg (Sté Francaise De Garantie)
- Silex Finance
- Sirca Snc
- Sopresa
- Sté D'Expertise Et De Services
- Sté De Courtage Des Barreaux
- Sté Francaise De Prevention
- Sté Pour Le Developpement De La Gestion D'Assurance Et Du Courtage (Sdgac)
- Swisslife Agence Nationale
- Tesson De Froment
- Tetris Assurance
- Theoreme
- Tissier De Mallerais Et Associes
- Uaf Life Patrimoine
- Ugip Assurances
- Unep Diffusion Courtage
- Uni Sante Prevoyance
- Union Industrielle
- Unofi Patrimoine
- Willis Towers Watson France