‘Flight to quality’ as private insurtechs draw big investments

Insurtech companies on both sides of the Atlantic have turned in numerous large funding rounds thus far in 2021, enticing investors with their return potential and big addressable markets.

Online insurance provider Next Insurance Inc., cyber-focused Coalition Inc., data-driven Corvus Insurance Holdings Inc., Berlin-based digital insurance company wefox and California-based CollectiveHealth Inc. are just some of the insurtech companies that have registered funding rounds of at least $100 million.

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