Capital markets

But Zhong An's viability is still under review by investors.

The tech firn doubles down on attempts to back early-stage companies that are building software around AI, blockchain and computer vision.

The insurtech will use additional Series B funding to expand product development and services for its customers.

The division of XL Catlin, whose insurtech portfolio includes smart-device company Notion, seeks exceptional management teams in its ventures.

The carrier has hired its first chief innovation officer to manage the strategy.

The company looks to invest in startups, like the Ring video doorbell, that dovetail with its future vision of insurance.

Algorithms and AI are very good at identifying patterns of behavior that predict certain outcomes, which can be used to sort people by the expected cost of care.

With 496 deals completed so far this year, insurance, wealth management, lending and blockchain-related companies continue to attract new dollars.

The new system is powered by "AVA," a smart assistant leveraging telematics data to replicate accident scenes in seconds.

Total funding activity is up compared to Q1 2017 and from the same time last year.