Total insurtech funding in the first quarter of 2017 was down, but the drop-off could be a result of the significant investments in 2016 now reaching the product launch phase, according to a report by Willis Towers Watson Securities. The report, compiled in collaboration with CB Insights, found $283 million was invested in insurtechs in all insurance lines globally in the first quarter of this year—a slight (four percent) bump over the fourth quarter of last year but a 64 percent drop from funding in the first quarter 2016.