International Insurer TMK Releases New Report for 'FemHealth' Founders

A new report has been released by a leading international insurer ‘Tokio Marine Kiln (TMK)’, demonstrating the market opportunity, specifically for brokers and insurers with an intent to assist women’s health start-ups ‘FemHealth’ founders.

The findings of the report are based on one-to-one interviews which were taken from 47 founders of FemHealth businesses. This report mentions that more than 3 quarter i.e., 76% of founders struggled to even secure vital insurance for their businesses while the sector is expected to more than triple from $28 billion to $103 billion by 2030.

Head of Life Sciences at Tokio Marine Kiln Kirsten Shastri stated, “FemHealth is an exciting and fast-growing sector that needs our knowledge and expertise to thrive and insurance needs to keep pace with innovation. TMK is committed to working with our industry partners to highlight these issues and bridge the knowledge gap around women’s health, so we can help bring more of these businesses’ much needed innovations to market. Our bespoke IntelliMed product is proving to be a key enabler for businesses like these, and this is just the start. Raising awareness and understanding of these issues will open doors for these founders, our industry, our customers and society at large who will ultimately benefit from the advances they make.”