Finance

Deal volume was down as bigger sums flowed to established players.

Self-service inspections for QBE, new owner for Majesco, health insurtech exits stealth.

The large raises of insurtechs that closed out the 2010s aren’t likely to issue in a new decade of pure-play dominance or signal the demise of legacy insurers.

The focus of investment is going to transition in a way that reflects a new phase of development for the insurtech space.

Also: How insurtech Skywatch.ai worked with Google, and Foxquilt looks to expand.

In the post-COVID-19 era, IA Capital's Andy Lerner anticipates more investment in low-touch capabilities that allow insurers to acquire customers less invasively.

Led by Team8 Capital, the round includes three other existing investors, as well as Nationwide and Hannover Digital

It plans to list on the New York Stock Exchange under the symbol LMND.

It is the first carrier to partner with BrokerTech Ventures

The coronavirus crisis has halted regular development cycles and thrown potential entrepreneurs out of their comfort zone.

Three-quarters of a billion dollars were invested in startups in the first quarter of 2020, less than half the amount from the final quarter of 2019.

Companies are scrambling to ensure that the millions who take on work outsourced by firms from airlines to insurers can keep going as the nation mandates increased work from home.

Artificial intelligence is a prime example of an important technology field where the majority of promising startups have been gobbled up, frequently ending public availability of any products they created

KPMG’s latest Pulse of Fintech report finds insurtech investment in the U.S. rising, bucking wider fintech trends.

Startup founded by former New York Life CIO counts large life insurers among clients.

The $1.987 billion figure is the highest on record, and the sixth in a row over $1 billion, according to Willis Towers Watson's Insurtech Briefing.

The Boston-based company has backed almost 40 companies in North America, Europe, Israel and Southeast Asia

The Massachusetts-based insurtech also has raised $23 million in Series A funding.

Managing partner Martha Notaras, late of XL, discusses the new entrant’s outlook on the sector.

Infusion comes a year after $43 million Series B.