The first micro-insurance is now available in Italy thanks to Neosurance - The Virtual Insurance Agent

According to the quarterly report released by KPMG and CBInsights, year-to-date funding to VC-backed InsurTech companies reached US$1.36 billion at the end of Q3’16. “Given challenges in the lending space earlier in 2016, investor interest in lending platforms was more cautious in Q3’16” says the report. Nevertheless interest in the InsurTech sector saw a sharp rise which will most likely continue at least on the short term. Obstacles remain though as the majority of VC’s see fintech as a way to improve their entire value chain but struggle with how to do so while, at the same time, managing regulatory challenges