Venture capital

In case you missed it, insurtech -- technology developed to improve and transform the insurance industry -- is having a bit of a moment. Forrester recently reported record-breaking funding for insurtechs, closing Q3 at $15 billion - more funding than in 2019 and 2020 combined - with more deals anticipated by the end-of-year.

During, “The View from Venture Capital,” at the Digital Insurance DIGIN conference, Dec. 10, three experts involved in venture capital firms discussed what they look for when funding a company and what’s ahead for the industry.

As the wave of SPAC mergers crested in the past two years, startups that chose this path found it difficult to keep up with more established companies and investor expectations. The insurtech companies that went this route are not exempt from experiencing that strain.

There were nine rounds of more than $20 million this month.

There were about 12 funding rounds in the insurtech sector in August 2021, according to a review by Digital Insurance and with data from Crunchbase.

More than 97% of venture backing goes go white-owned startups. Firms like Mendoza Ventures, Chingona Ventures and MaC Venture Capital are stepping in to support underserved entrepreneurs.

Insurtech maturity and the pandemic are driving investment.

Insurance company will more than triple its commitment to insurtech startup investment.

Digital Insurance asks funders what we can expect as the world and industry emerge from the coronavirus era.

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

At the Hartford InsurTech Hub's second Demo Day, speakers focused on staying true to their mission to attract talent and investors.

The insurance world was caught by surprise last October when Google’s Capital G investment arm announced a substantial investment in Applied Systems.

Venture-capital investment in the insurtech market remains on a solid pace, with more mature companies emerging as leaders.

Investment focus areas will include analytics, digital health, as well as care delivery and management.

The news comes as Amazon has made overtures into the British insurance market.

Manulife, Sun Life and Industrial Alliance chipped in nearly $300 million to help the MaRS discovery district pay back a government loan.

Its venture arm is investing in a number of artificial intelligence companies, most recently machine-learning company HyperScience.

The company has signed on with three companies in 2018, seeking early traction and a strong team., says business development VP.

The insurer set up an innovation lab in 2016 with SVP of Commercial Auto Kim Garland at the helm, but also keeps a sharp eye out for transformation occurring outside company walls by insurtechs.

Life insurer also announces a brand new venture capital investment fund, led by its chief digital office.