As recently as five years ago, insurtech was perceived as a threat to the insurance-industry status quo rather than an opportunity for innovation. (Adobe Stock/Free Use Image) As recently as five years ago, insurtech was perceived as a threat to the insurance-industry status quo rather than an opportunity for innovation. (Adobe Stock/Free Use Image)

In recent years, the insurance industry has seen unprecedented levels of merger and acquisition (M&A) activity, especially in the insurtech arena.

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