Insurtech funding slips below $1bn for first time in three years
On a quarterly basis funding for insurtechs appears “quite volatile” but trends developing are in line with longer-term sustainability, a Gallagher Re report says.
Gallagher Re’s latest Global InsurTech Report has revealed new funding for the global insurtech sector has fallen to $916.71m (£724.03m) during the second quarter of 2023, down 34% from $1.39bn (£1
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