Insurtech funding hits record $6.35bn in 2019

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Research by Willis Towers Watson has revealed that $1.99bn (£1.52bn) of global investment into insurtechs in the final quarter of 2019 propelled the yearly total to a record $6.35bn, a leap of 52% on the previous year.

There were 75 transactions in the quarter, three of which were in the UK, taking the annual figure to 314 which was up 17% year-on-year.

The UK’s quarterly involvement, down slightly from five deals

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