Insurtech Funding Hits Record for Quarter, Year

Funding reached an all-time high of $1.99 billion on Q4.
February 4, 2020

Quarterly insurtech funding reached an all-time high of $1.99 billion during the fourth quarter, marking the sixth consecutive quarter over $1.2 billion, according to the Quarterly InsurTech Briefing by Willis Towers Watson Plc. The fourth-quarter total was up 25.2 percent from the year-earlier period’s $1.59 billion, according to Business Insurance. The report noted that the U.S. remains the “dominant insurtech force,” responsible for 54 percent of all deals and 67 percent  of all funding since 2012.

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