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Quarterly insurtech briefing : Q3 2020

Recurso electrónico / Electronic resource
Section: Electronic documents
Title: Quarterly insurtech briefing : Q3 2020 / Willis Towers WatsonAuthor: Willis Towers Watson
Publication: London : Willis Towers Watson, 2020Physical description: 47 p.Notes: Sumario: This quarter we are announcing an unprecedented level of global funding into InsurTech businesses both in terms of total U.S. dollar amount and transaction volume. With the huge amount of capital being deployed, and the rate at which it is being deployed, one can quite easily see this quarter as clear validation of investors (industry and non-industry) being prepared to put their money where their mouths are as it relates to the pursuit of digital operations both for pure investment returns and also for securing digital capabilities. What is particularly interesting is that a handful of well-established InsurTechs have raised an enormous amount of capital (for example, Bright Health raised a seismic US$500 million this quarter), and brand new entrants with very limited track records have also been successful in raising capital: 73% of those InsurTechs that raised seed capital this quarter, were raising any form of capital for the very first time. Over half of those InsurTechs that raised Series A capital were similarly raising capital for the very first time.Materia / lugar / evento: Insurtech Mercado de seguros Empresas de seguros Innovación empresarial Nuevas tecnologías Perspectivas del seguro Property-casualty COVID-19 Pandemias Otros autores: Willis Towers Watson
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