Insurtech transactions move to all-time high
Willis Towers Watson | September 20, 2018
The total of 71 insurtech funding transactions in the second quarter of 2018 is an all-time high, according to a Willis Towers Watson report. However, the total amount of money invested actually declined from the previous quarter. Investors poured in US$579 million into insurtech companies in the second quarter or 20% less than the first quarter, Willis Towers Watson’s Quarterly InsurTech Briefing revealed. Furthermore, the second quarter set the new record for the volume of incumbent participation in insurtech investments.