InsurTech venture funding slides in first quarter

Funding for InsurTech ventures fell 64 percent to $283mn in the
first three months of 2017 as transaction numbers dropped by over a
third, according to a report from Willis Towers Watson.
The collapse in value and volume was more reflective of the
investing cycle than a drop in investor interest, one of the
study's authors told The Insurance
Insider.
Funding for new tech innovations in the insurance space had
climbed to its second-highest level in five years at $783mn...