State of Insurtech in Latin America: 2024 Funding & Ecosystem
Insurtech funding in Latin America hit a historic low of $26 mn in the first half of 2024, a 78% drop from the same period in 2023
Insurtech Venture capital (VC) is a form of equity financing where capital is invested in exchange for equity, typically a minority stake, in a company that looks poised for significant growth. A person who makes these investments is known as a venture capitalist. Technically, venture capital is a type of private equity (PE).
What does ventures mean in a company? A business enterprise or speculation in which something is risked in the hope of profit; a commercial or other speculation: Their newest venture allows you to order their products online.
In this section, we have collected the most current articles and reviews on the topic of the Insurtech ventures.
Insurtech funding in Latin America hit a historic low of $26 mn in the first half of 2024, a 78% drop from the same period in 2023
The United Kingdom is positioned as a global leader in the field of insurtech. A flourishing ecosystem of start-ups, investors, and incumbents is working together
As tighter VC funding cycles and recessionary pressures are being felt across the broader economy, we can expect insurtechs to face even more scrutiny
2023 was a truly global year for InsurTech investing with 1,528 international investors participating in 521 deals, raising a total of almost $8 billion
Global fintech funding reached $75.2B — marking a 46% drop, but up 52%. Insurtech M&A exits rose 40% to 81
According to Global InsurTech Report, 2024 began with a lot of uncertainty, with a number of macro factors impacting venture capital & InsurTech
The idea that the centuries-old insurance industry is ripe for disruption by new technology has been pulling in investors and entrepreneurs for years
For nearly a decade, insurtechs have experienced rapid growth and skyrocketing valuations. But in 2022, investors’ optimism tempered by compounding pressure
More than 580 new unicorn companies were formed in this year. Globally, there were more than 1,230 active unicorns
Insurers have frequently taken a piecemeal approach to technology modernization, transforming system by system, function by function, and app by app
Insurtech companies have been among the biggest victims of the public market sell-off, especially those that went public in 2021
Big funding rounds in InsurTech Sector seemed to slow down, as only one U.S.-based startup saw a round of more than a $250 mn
Insurtech market is forecasted to reach a net worth of US$ 165.4 Bn in 2032 from a mere market value of US$ 12.5 Bn1
The insurtech market is forecasted to reach a net worth of US$ 165 Bn in 2032 from a mere market value of US$ 12.5 Bn in 2021