Solid investor appetite for new and mature opportunities in the InsurTech sector was again in evidence during Q3 2020, as US$2.5 billion was raised by InsurTech firms across 104 deals, up 63% and 41% respectively over the prior quarter. Deals included two US$500 million rounds, but the mid-tier funding gap for firms seeking investments in… Continue reading Record-Breaking InsurTech Fundraising in Q3 2020, As ‘Funding Gap’ Widens
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COVID-19 Pandemic Shifts InsurTech Investment Priorities
The amount of money invested in InsurTechs during the first half of 2020 remained remarkably robust at nearly $2.2 billion, despite the economic fallout and general uncertainty prompted by the COVID-19 outbreak, according to data collected by Venture Scanner and analyzed by the Deloitte Center for Financial Services. Key InsurTech insights Despite the COVID-19 outbreak… Continue reading COVID-19 Pandemic Shifts InsurTech Investment Priorities
$1.5+ Billion Invested in InsurTech in Q2 2020
Following the COVID-19-induced slowdown in global InsurTech investment during the first months of 2020, $1.56 billion was raised by InsurTech firms in Q2. The total, up 71% over Q1, was driven in part by later-stage investments, including four ‘mega-rounds’ in excess of $100 million, according to the new Quarterly InsurTech Briefing from Willis Towers Watson,… Continue reading $1.5+ Billion Invested in InsurTech in Q2 2020