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19 March 2018

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InsurTech investments surge in February: S&P Global

Ted Bunker 12 March 2018

Investing in InsurTech startups and technology dominated other categories last month in the FinTech financing space monitored by S&P Global, the credit-rating service's research shows.

InsurTech deals tripled in value month to month, rising to $216.1mn in February from $71.3mn in January, while the total number of FinTech deals across all sectors fell about 10 percent.

While InsurTech deals trailed other sectors in January, such as investment and capital markets technology, with $214.8mn in investments that month, and banking technology,...

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