Global InsurTech investment falls to $2.35bn in Q3, but seed funding holds up
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Global InsurTech investment falls to $2.35bn in Q3, but seed funding holds up

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Global InsurTech funding reached $2.35bn during Q3 as investment levels dropped 2.5% on Q2, but the underlying numbers from a Gallagher Re study reveal that, beyond the biggest deals, funding was at its lowest since early 2020.

The reinsurance broker’s latest quarterly study on InsurTech funding shows a continuation of a barbell strategy deployed by investors, whereby funding has been concentrated more around younger companies and later-growth-stage firms but less so on those in the middle...

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