While insurance historically has been a laggard in the fintech race, it is increasingly a high-growth investment area in the fintech field, according to research from Accenture.
Accenture’s fintech research reveals that the overall increase in global insurance investment levels has grown by more than one-third, with a 237 percent hike from approximately $800 million in 2014 to $2.6 billion in 2015.
In addition, the report revealed that the number of fintech deals in the insurance sector has more than quadrupled since 2011.
