Insurtech funding halves in Q4 2022: Gallagher Re
Gallagher said $1.01bn was invested in insurtech in the fourth quarter of 2022, a decline of 57% compared to Q3
Funding slumps to the lowest level since the first quarter of 2020, amid an exodus of capital and a focus on profitability, marking the end of the ‘disruption’ narrative, broker says