Investment
in insurance tech start-ups more than tripled last year as a previously
sleepy corner of the market begins to draw a surge of interest in 2015.
While areas of fintech such as payments have boomed in recent years, so-called insurtech has been slower to develop.
That
all changed last year, thanks to some of the world’s biggest insurers.
Investments in insurtech rose from $800m in 2014 to more than $2.6bn in
2015, according to data from Accenture, the management consultancy.
While much of the money has come from traditional sources such as
venture capital and private equity groups, established insurance
companies have also been big investors.
Source: http://www.ft.com/intl/cms/s/0/53266de8-07e1-11e6-b6d3-746f8e9cdd33.html#axzz46wUFv8es
