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InsureTech Revolution: This is InsureTech’s moment. Will Insurers Seize the Opportunity InsureTech has become a powerful driver of change in the insurance industry, but it’s no silver bullet. Learn how to make its innovations work for you by putting the focus back where it belongs: on the capabilities that make your company unique. $4.15 billion global insurance technology investments in 2018 28 investments of $30 million or more in 2018 large VC funding rounds #1 risk facing global insurance industry is technology modernization Insurance is boring. You might hear that from people who don’t know better. But the ones who…
In 2020, we’ve seen more money pour into insurtech–and some high-profile entries and exits. Unfortunately, this doesn’t mean the sector has done particularly well in funding terms in 2020, although that’s to be expected as we see funding starting to slow due to the pandemic But the rise of insurtech as a whole should not be shrugged. It’s a separate animal because it’s an industry that touches billions of people and businesses in some capacity. That, along with the fact that it’s been here for some time makes it ripe for disruption–regardless of the challenges facing startups across industries so…