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InsurTech may have started with independent tech entrepreneurs who wanted to disrupt the stoic but essential insurance industry, but it quickly spawned global partnerships between startups and insurance industry incumbents, according to Accenture's new report, "Fearless Innovation: InsurTech as the Catalyst for Change Within Insurance."
Accenture — using data from CB Insights — is reporting that international investment in InsurTech ventures swelled in 2017: The number of InsurTech deals rose 39% worldwide, with the total value of these deals up 32%, to $2.3 billion.
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Elana Ashanti Jefferson
Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].
