Cybersecurity is a major concern for insurers, with a recent shutdown at AFI due to suspicious network activity showing how close to home a cyber threat can be.

There were about 40 funding events in the insurtech sector in November, according to a review by Digital Insurance.

The top five states have an average of 417.59 cybersecurity-related searches per month per 100k residents.

The top five states have an average of 603.94 cybersecurity-related searches per month per 100k residents.

The top three companies have combined net premiums written of more than $53 billion.

There were about 50 funding events in the insurtech sector in October, according to a review by Digital Insurance.

Insurtechs launching an ethical AI consortium to set guidelines for AI use and actuaries considering the pros and cons of the new technology are among the ways AI is changing insurance.

The top five metropolitan areas have an average expected loss per capita of $12.65.

The bottom five metropolitan areas have an average expected loss per capita of $760.87.

The top three insurtech-owned carriers had more than $10 billion combined in direct premiums written.