Insurtech Investments Hit Highest Number Of Deals On Record

Law360, London (May 10, 2019, 3:59 PM BST) -- Global investors injected $1.42 billion into insurance technology companies through 85 deals during the first three months of 2019, marking the highest number of investments on record, an insurance broker has said.

Willis Towers Watson said Thursday the 85 deals were the highest it has recorded since it began monitoring worldwide investments in the insurtech sector in the first quarter of 2017. The number of deals is a 35% increase on the 63 recorded in the last three months of 2018.

And the total value of funds pumped into insurtech businesses from January to March 2019 marks the third straight quarter...

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