Silicon Valley Bank collapse to dry up InsurTech venture debt lifeline
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Silicon Valley Bank collapse to dry up InsurTech venture debt lifeline

Giovanna Bellotti Azevedo
15 March 2023
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
svb_logo_generic_2023_silicon_valley_bank.png

The collapse of Silicon Valley Bank (SVB), the top venture debt lender for InsurTech, will mean an acceleration in the increasingly challenging headwinds for the sector, as many companies used venture debt as a Hail Mary to bolster their balance sheets, according to market sources.

It is understood that not only will raising venture debt become increasingly difficult for the sector, but InsurTech companies will also struggle to access their credit lines.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News InsurTech Regulation Financial and professional lines
GA
Giovanna Bellotti Azevedo
Gift this article