Why Next's $29m raise proves it is still open season on insurtech | Online only | Insurance Times

Investment in insurtech remains buoyant even if headline figures do not reflect it

Reports of global insurtech investment funding falling off a proverbial cliff in the first quarter of 2017 should only concern those who have yet to pile into the space, fearing they may be too late.

But they need not worry. The truth is insurtech has only just begun. Recent deals, including Next Insurance raising $29m – as revealed by the Insurance Times last month – suggest the latest blip, which showed a 64% fall in global investment year on year, is more about cycle and definition than potential.

via www.insurancetimes.co.uk