Author: Andrew Johnston MA, Ph.D
The report continues this year’s theme of ‘Geographic Trends and Regional Idiosyncrasies’, with a specific look at the ‘Asia Pacific’ region through an InsurTech lens.
In addition to profiling various InsurTech businesses, clients and individuals, this report provides our readership with the most current InsurTech investment data.
Key Findings for Q3 2022:
- Funding for InsurTech decreased by 2.5% quarter on quarter, from $2.41 billion in Q2 to $2.35 billion in Q3.
- P&C InsurTech funding gained in an otherwise downturn of funding, driven by $1.2 billion in mega-rounds.
- Early-stage InsurTech funding soared 48.1% quarter on quarter, the second-highest deal quarter ever.
- (Re)insurers made 24 InsurTech investments in Q3, projected to reach a three-year high in 2022.
For any questions or enquiries, please reach out to Andrew Johnston who leads the Gallagher Re InsurTech practice.