Insurtech: concentration among top 10 players is accelerating
A new report from Deloitte finds that Insurtech funding is nearly even with the levels of investment seen in 2019. However, within this coronavirus era growth, the concentration among top 10 players is accelerating.
The report comes from the Deloitte Center for Financial Services, and it is titled “COVID-19 pandemic shifts Insurtech investment priorities.” The report is one of several under the seeries Venture Scanner analysis, exploring insurtech funding.
The economic data shows that the insurtech sector remains robust, although it is becoming more concentrated in insurtechs that are taking a long-term view on the pandemic and adapting for a lasting impact.