An analysis of investment trends in the insurtech space across auto, small business, and life insurance, as well as how Covid-19 may impact insurtech investment going forward.
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Insurtech startups are upending the traditional insurance industry, with B2B startups helping incumbents work more efficiently and D2C startups creating new product models. Additionally, more established insurtech companies are continuing to diversify product offerings and enter new geographic markets.
While insurtech deals and financing reached record highs last year, 2020’s funding outlook remains uncertain, given the Covid-19 outbreak.
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