Growth Equity Update
Insights
In September’s edition we take a deep dive into Insurtech. We explore the landscape and how its VC backed companies are facing the growth challenges against a backdrop of annual global VC funding for Insurtech fluctuating from highs of $16.6bn in 2021 to just $0.8bn in Q1 2024. As Julian Teicke , founder of wefox observes ‘Insurance is so slow moving, there’s no urgency to change, and that’s why it’s not easy to build a new disruptive player in insurance.’