Incumbents fuel InsurTech investment momentum in Q4 2017
Willis Towers Watson Public Limited Company - Ordinary Shares (WLTW)
Last willis towers watson public limited company - ordinary shares earnings: 4/30 06:01 am
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Source: GlobeNewswire
LONDON, Feb. 01, 2018 (GLOBE NEWSWIRE) -- Incumbents are exerting an increasing level of influence on the start-up community as part of an emerging trend described as ‘The Sobering of InsurTech,’ according to the fourth Quarterly InsurTech Briefing from Willis Towers Watson (NASDAQ:WLTW), the leading global advisory, broking and solutions company. The latest research, produced by Willis Towers Watson Securities and Willis Re, in collaboration with CB Insights, examines the evolution of the InsurTech market in 2017 and highlights an emerging trend of (re)insurers, directly and through corporate venture arms, increasing their activity in the sector and expanding their focus to invest in a broad range of technologies with potential applications to their core businesses. The report notes that 35 private technology investments by (re)insurers in Q4 and 120 private technology investments by (re)insurers in 2017 are the highest totals recorded in any quarter and year to date, respec
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