insurancetimes-co

Insurtech funding drops by more than half during first quarter

Quarterly global insurtech funding was down by more than half (54%) in Q1 this year as coronavirus led to a leanding drop. This is according to a report ‘Quarterly Insurtech Briefing Q1 2020’ from Willis Towers Watson (WTW), it found that insurtech investment worldwide totalled $192m for the first three months of 2020.