ERS

5 mega-rounds accounted for

55.5 % of total Q3 funding

Individual investments exceeding $ 100m dominated the quarter , showing strong institutional support for insurance sector innovation .

Average deal size rose to

$ 20.9m

Average investment size increased from $ 18.46m in Q2 , crossing $ 20m threshold first time since Q3 2022 .

81.4 % of funding goes to core business operations

Investment focuses on back-office systems across 42 deals , indicating strategic shift toward improving fundamental insurance infrastructure .