Insurtech Transformation in France: Technology Disrupting a €200B Traditional Market

Introduction: While French banking has embraced digital transformation, the insurance sector—representing over €200 billion in annual premiums—is only beginning its technology revolution. Regulatory changes including the Hamon Law and digital distribution channel growth are creating unprecedented opportunities for insurtech companies offering embedded insurance, parametric products, and AI-driven underwriting. This deep-dive examines which traditional insurance segments are most vulnerable to disruption, how successful insurtech companies are navigating France's relationship-driven distribution model, and what technology capabilities will define the next generation of French insurance products.