The global insurtech financing volume has fallen in 2017 to $2.24 billion compared to $2.69 billion in 2016 and $2.75 billion in 2015, according to FT Partners fintech industry research. Insurtech, FT Partners, Fintech, Report, Global, Europe, North America, Asia Pacific
A record 203 investment deals were made into insurtech companies worldwide last year , according to Financial Technology reports . However , the sun ##day investment bank found that financing volumes fell 17 % from the previous year 's $ 2.693bn to $ 2.238bn . The year saw the first initial public offering by an insurtech company started after 2010 , with China 's ZhongAn insurance raising $ 1.5bn through a Hong Kong listing . There were over 200 merger and acquisitions transactions last year , totalling $ 5.6bn - the biggest in a start - up being Guidewire 's acquisition of Cyence . Lemonade was the biggest property and casualty swap deal of 2017 , raising $ 120 m .