MAPFRE at ITC Vegas 2024: A deep-dive into insurtech with Mundi Ventures

November 27, 2024

In this insightful interview recorded at ITC Vegas, Carlos Cendra Falcón, Scouting and Investment Lead at MAPFRE Open Innovation, speaks with Lluis Viñas, Investment Director, and Javier Sanchez, Principal, at Mundi Ventures, about the evolving landscape of insurtech funding and the unique dynamics of the Latin American market.

During the interview, Lluis examines the sector’s recovery after a sharp decline from its 2021 peak and highlights the qualities that make insurtechs appealing to investors. Later, Javier shifts the focus to Latin America, a region facing significant funding hurdles yet brimming with potential. He analyses the factors behind the funding slowdown and offers strategies for insurtechs to navigate the region’s complexity and thrive. With €25 million recently raised for Latam-focused insurtechs, he sheds light on Mundi Ventures’ increasing commitment to the region.

Both experts also share their perspectives on future trends, predicting that 2025 will see a heightened focus on GenAI, climate risk solutions, and advancements in healthcare as major drivers of investment and innovation in the insurtech ecosystem.