Despite InsurTech gains, independents are secure – as long as they’re strategic

According to a Dow Jones VentureSource report, venture capital firms put $167 million into insurance technology companies in the third quarter. In fact, the space saw more funding in each quarter of 2016 than in any corresponding period last year, and InsurTech Connect – a new conference targeted at these groups – exceeded their aggressive target of 1,000 attendees by drawing a crowd of 1,500 in Las Vegas earlier this month.