Expansion of
FinLeap
InsureTech internationalization through market analysis
challenge
How attractive are selected countries for one of FinLeap Ventures in terms of size, structure, customer journey, and operational implementation to ensure sustainable growth?
Procedure
Project example: Internationalization of an InsureTech startup
How attractive are selected countries for one of FinLeap Ventures in terms of size, structure, customer journey, and operational implementation to ensure sustainable growth?
- Derivation of enablers and hurdles from the existing business model
- Quantitative and qualitative analysis of the respective markets along the identified enablers and hurdles
- Conducting expert interviews to validate the results
- Analysis of expected customer lifetime value and customer acquisition cost
- Demonstration of market attractiveness
- Classification of markets into two clusters
- Clear prioritization of markets
- Identifying the need for adaptation in the respective markets
- Specific recommendations in the event of market entry
results
- Demonstrating market attractiveness
- Division of markets into two clusters
- Clear prioritization of markets
- Identifying the need for adaptation in the respective markets
- Concrete recommendations in the event of market entry
enable2grow provided us with clarity on market attractiveness based on a thorough strategic analysis and made specific recommendations, which we will now implement."
Dr. Carolin Gabor
Managing Director, FinLeap