April 2020

Insurtech Quarterly Earnings – Q4 2019

The InsurTech industry had a banner year in 2019 as total investment grew 52% yr/yr to $6.35b, spanning 314 deals.  Notably, 2019 produced ~34% of all InsurTech investment to date.  The growth in the year was capped by a record-breaking Q4 which saw $1.99b of investments over 75 projects, driven by “mammoth deals backing Root Insurance, Hippo, and PolicyBazaar.” This marks the sixth consecutive quarter of more than $1.25b invested, dating back to 2018Q3, according to Willis Towers Watson’s Quarterly InsureTech Briefing report.