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.
Silicon Valley Bank collapse to dry up InsurTech venture debt lifeline
![svb_logo_generic_2023_silicon_valley_bank.png](https://assets.euromoneydigital.com/dims4/default/ac47bbb/2147483647/strip/true/crop/620x380+0+0/resize/840x515!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F01%2F17%2F316e2b1445e59a9ab9f09a4946eb%2Fsvb-logo-generic-2023-silicon-valley-bank.png)
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.