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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.

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Heather A. Turner

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

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