Maturing insurtech segment sees $1.4B in VC invested
June 22, 2017
On pace to eclipse the $1.7 billion in aggregate venture capital invested last year, insurtech attracted investor interest more slowly than the general fintech field at first. However, disruption comes for all.
In the latest installment of the PitchBook Fintech Note series, our research analysts delve into how insurance giants have bought themselves time and now are looking to fund corporate venture arms to stay abreast of innovation. In addition, the note covers artificial intelligence and IoT are helping carve up the insurance value chain: