Analysis

UK insurtech sector scoops silver for funding and deal count – Gallagher Re

By 2023-11-14T12:15:00

podium

After a ‘muted’ second quarter, the third quarter has seen a good number of deals and ‘there is no shortage of capital’ says global head of insurtech

The UK has come in second in terms of the most active nations for insurtech funding in the most recent period, boasting 11 deals and $579m (£471m) of capital raised in total, according to Gallagher Re’s latest Global Insurtech Q3 2023 report.

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