InsurTech multiples under pressure: A rebalancing, not a meltdown
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InsurTech multiples under pressure: A rebalancing, not a meltdown

insurtech values2.jpg

The steep correction that public tech valuations have suffered year-to-date has spilled over into the private InsurTech market, as previously hype-driven multiples compressed sharply.

As such, InsurTech companies that were able to raise financing rounds at sky-high valuations are now “sitting out” fundraising to avoid a down round, and only raising if they have a pressing need for the cash, sources said.

InsurTechs

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