InsurTech Digital Magazine January 2025 | Page 84

MONTH IN

NUMB

InsurTech funding reached

$ 1.38bn

Global insurtech investment hit its highest level since Q1 2023 , with AI-focused companies leading the surge in funding across the sector .

AI ventures secured

Life & health insurtech funding up

$ 897.4m 56.4 %

Eight of the top 10 largest funding rounds went to AIcentered companies , with an average deal size of $ 34.9m for AI-focused ventures .

Significant quarteron-quarter growth in life and health technology sector , while P & C funding decreased 15.4 % to $ 722.16m .

84 January 2025