Finance

It’s not an obvious time to launch an insurance-like product backed by cryptocurrencies.

Several insurtechs considered or used special purpose acquisition companies, a method of going public, in 2020 and 2021, but the results have been lacking.

SMA surveyed insurance professionals to understand how companies are approaching talent in 2022 and beyond.

There were about 18 funding rounds, including Branch with $147M, Series C.

The IMA Labs arm of IMA Financial Group is selective in its choices of insurtechs to back, with rigorous evaluations

The latest fundraising comes amid a challenging backdrop for the technology industry, with startups globally struggling to attract capital as investors shy away from riskier bets. 

There were about 20 funding rounds in the insurtech sector.

The next few years will determine the insurtech winners in an increasingly polarized competitive landscape.

The VC arm is particularly interested in decentralized finance and AI/ML applications.

The largest investment in the month was $200 million.

Digital insurers got almost 55% of the funding among insurtech companies.

Technology moves at a breakneck pace that threatens to leave flat-footed organizations in the dust. But industry leaders are leveraging the bleeding edge to get ahead of the pack and never look back. 

The agency CEO talks about his vision for investments in a new initiative

A Denver-based insurtech focused on software and tools for compliance and producer management.

Signs point to 2022 being another strong year for deals.

Of 328 chief investment officers and chief financial officers polled, more than 60% anticipate the world’s largest economy will experience a downturn in the next two to three years.

There were about 25 funding rounds.

The insurance will initially roll out, sometime in the next year, in Africa.

The round isn’t finalized yet and the details could change, the people said, who asked not to be named discussing private information.

There were 34 funding rounds of all kinds recorded.