is a moneymaker. That’s the opinion of analysts at Research and Markets, who predict that the global market will reach $1.11 billion by 2023, fueled by growth in verticals like health, property, casualty, and life insurance. Moreover, according to recent analyses of CB Insights data by XL Innovate, over $1 billion has been invested in commercial insurance startups since 2015, and FinTech Global estimates that deals totaled $2.5 billion in the first three quarters of 2018 — an 89.8 percent increase year-over-year.

Yet another firm riding the insurance tech wave is , a Washington, D.C.-based workers’ compensation insurance provider

Read More At Article Source | Article Attribution