Businesspeople in formal wear taking notes signing contract at office workplace. Concept of important working moments, document sign, working process, concentration. Hands shot. Ai robotics hologram Consumers will benefit from more personalized insurance offerings, quicker claims processing, and improved customer service experiences. (Credit: VideoFlow/Adobe Stock)

Global insurtech funding receded for the second straight year in 2023 as changing business models, coverage lines, and adoption trends like AI and machine learning flooded the sector.

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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.