InsurTech's $3 billion investment in the first half of 2019 is transforming business models and opening new markets, says Hampleton Partners' report. (Photo: Shutterstock) InsurTech’s $3 billion investment in the first half of 2019 is transforming business models and opening new markets, says Hampleton Partners’ report. (Photo: Shutterstock)

Global fundraising for InsurTechs neared a record-breaking $3 billion in the first six months of 2019 and is on track to reach $6 billion by year-end, says “The InsurTech M&A Market Report,” a new report from Hampleton Partners, an international mergers and acquisitions (M&A) advisor. In 2018, InsurTech investments reached $4.2 billion for the entire year, which was a 27% increase over 2017.

Of the investments made this year, nearly one-third targeted European companies, with half of the ten largest investments going to Berlin-based InsurTech firms. The U.K. and France also serve as InsurTech hubs on the continent and are helping drive Europe’s global investment share growth.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].

More from this author

 

Complex Claims & Litigation Forum 2023Event

Aimed to help Insurers prevent, prepare and prevail In adjudicating complex claims, negotiating settlements and winning cases.

Get More Information
 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.