In the second quarter of 2024, the global FinTech sector, known for its rapid growth and innovation, faced a dramatic slowdown, raising questions about the industry's trajectory. Despite a striking reduction in both deal numbers and total investment capital, this period also witnessed a notable
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
Technological advancements are reshaping the landscape of the financial sector, impacting industries such as banking, insurance, and asset management. This transformation, driven by trends such as digital banking, data analytics, and artificial intelligence (AI), is creating both opportunities and
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 These changes are part of a strategic move to replace outdated EU-inherited rules with a more fitting framework for the UK's unique market conditions. Notably,
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,
