InsurTech funding rebounds to $985mn in Q2: WTW

Funding for InsurTech start-ups rose by 148 percent in the
second quarter to $985mn, according to a new report by Willis Re
and Willis Towers Watson Securities.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...