The InsurTech sector in the U.S. is facing a turbulent period marked by a notable decline in both deal activity and funding in the first half of 2024. Investment activities saw a significant drop, reflecting a cautious sentiment that appears to be permeating the industry. The interplay of economic
The Southeast Asian insurtech sector is showing impressive growth and innovation, positioning itself as a potential future leader in the global insurance industry. Despite economic challenges, the sector has managed to attract substantial investment and introduce groundbreaking technologies. This
The first half of 2024 witnessed a significant downturn in the InsurTech investment landscape, a sector once celebrated for its rapid growth and innovative potential. Funding plunged by a striking 52% compared to the same period in 2023. This sharp decline has raised questions about the factors
The UK Government and the Financial Conduct Authority (FCA) have announced significant changes to retail financial disclosure regulations. These changes are part of a strategic move to replace outdated EU-inherited rules with a more fitting framework for the UK's unique market conditions.
The insurtech sector has had a rollercoaster journey in recent years. Gaining substantial traction and investor interest in the late 2010s, it experienced a stark downturn in the early 2020s. The landscape for technology-driven insurance startups has dramatically shifted and seen highs and
Global insurtech funding experienced a significant 39.7% increase quarter-on-quarter, driven by larger average deal sizes and an emphasis on advanced technologies. The latest report from Gallagher Re highlights this financial surge, which mainly benefited property and casualty (P&C) insurtechs,