Insurance technology (Insurtech) concept and businessman pressing on text with virtual screen. NTT Data report highlighted three current trends in the insurtech industry including the integration of GenAI, digital, and connected insurance.(Credit: Shutterstock)

Global insuretech funding slipped again in 2023, notching a second straight year of declines as the industry looked for new tools in the face of a changing business models, coverage lines, and adoption trends, according to a recent NTT Data report highlighting 2024′s global insurtech outlook.

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Joe Toppe

Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.

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