Insurtech investments fell by 79.6% in 2021, leading to job losses and tough economic conditions in 2022, according to GlobalData. This is the latest in a series of stories about insurtechs struggling in 2022. Lemonade, for example, recently reduced Metromile’s workforce by 20% after completing the acquisition of the insurtech in August 2022, despite previously… Continue reading GlobalData Says Insurtech Investment Fell by 80% in 2021
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