The ceiling for investment in the insurtech space hasn’t been reached yet. In fact, far from it, according to a recent report from QBE and Village Capital, which stated that investment in the space came in at just US$140 million in 2011 and by 2018, it grew to US$4.9 billion. As the insurtech field keeps on growing, the report also noted that it is increasingly important for the industry to stay abreast of key trends.
An expert in the insurance technology realm broke down some of the key trends he’s seen rise to the surface in recent years.
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