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InsurTech funding up 37% in Q1 despite slump in ‘mega deals’: Gallagher Re

Gallagher Re logo fundraise.jpg

Global InsurTech investment in Q1 grew by 37.6% compared with Q4 to $1.39bn, according to Gallagher Re’s quarterly report, as a surge of funding in InsurTechs operating in the P&C space buoyed overall investment levels.