Consolidation and Covid-19 blamed for insurtech investment 'slowdown'

piggy-bank-drowning

Consolidation and the global coronavirus pandemic have driven a slowdown in insurtech investment in the first quarter of the year, experts have cautioned, with the worst of the Covid-19 impact on funding yet to come.

Last week, Willis Towers Watson reported insurtech investment worldwide during quarter one, which saw almost the same amount of money raised in its first three days as was then subsequently raised in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Post? View our subscription options

Register

Want to know what’s included in our free registration? Click here

Already have an account? Sign in here

Bridgehaven on course to hit £400m GWP

Eighteen months on from launching the UK’s first hybrid fronting insurer in the summer of 2023, Bridgehaven founder Paul Jewell has revealed his business is on track to achieve £400m to £500m of gross written premium by the end of 2025.

Enter Best Insurance Employer 2025 today

If you work for one of the greatest employers in the insurance industry and want to shout about it, make sure you complete Insurance Post’s Best Insurance Employer survey today.

Diary of an Insurer: Axa’s Paul Tombs

Paul Tombs, director of intermediated SME at Axa Commercial, catches up with his team in Glasgow, struggles to get his miniature dachshund Betty to go for a walk in the winter, and enjoys fajita Friday with his wife and twins.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here