20-07-2017 09:42 via insuranceinsider.com

InsurTech funding rebounds to $985mn in Q2: Willis Re

Funding for InsurTech start-ups rose by 148 percent in the
second quarter to $985mn, according to a new report by Willis
Re.
The year-on-year growth came after funding totalled $398mn in
the second quarter of 2016, and $283mn in Q1 2017.
The broker said the number of transactions in the second quarter
rose by 88 percent year-on-year to 64.
(Re)insurers made 31 investments in InsurTech firms in the
quarter, an increase of 15 percent on Q2 2016.
Overall funding for...
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