Insurance startups have raised billions as industry players fight tech disruptors

The once sleepy world of insurance has become the hot ticket for venture investors.
Insurance technology companies have raised multiple billions of dollars in the past four years as venture capitalists finance industry disruptors and enabling technologies for established players to fend off new technology-based challengers.
In the month since tech-enabled car insurance startup Root Insurance joined the billion dollar club after its $100 million investment round, new investments in startups