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These 15 startups are out to disrupt one of the oldest industries in the world

Jonathan Marino   

These 15 startups are out to disrupt one of the oldest industries in the world
Finance1 min read

Milkau Oberer Teil Code of Hammurabi

en.wikipedia.org

Hammurabi, right, the sixth Babylonian king, is believed to have developed the concept of insurance.

A cluster of startups are looking to disrupt one of the oldest industries in the world: insurance.

Insurance has been around for thousands of years.

The earliest instance of insurance law is believed to date to King Hammurabi, about 1700 BC.

Business Insider spoke with venture capitalists, CEOs, and entrepreneurs around the world about startups breaking into segments of the market.

They include healthcare, home insurance, auto insurance and - yes - one startup that is taking on the ambitious task of getting startups themselves a better rate on insuring their business.

The startups coming to the insurance industry are taking on companies that have been around for 100 years or longer.

Lloyds of London, for example, an insurance market that traces its beginning to 1688, it one of the oldest companies in the world.

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