Half of insurtech investment is in artificial intelligence and IoT

Asia technology

Accenture found that the combined number of deals across artificial intelligence and Internet of Things technology, increased by 79% and in 2016 accounted for 44% of global insurtech deals compared with just 10% in 2015. “We’ve seen a rapid acceleration of investment into and deal activity around intelligent automation and IoT start-ups over the last 12 months," said Roy Jubraj, digital and innovation lead in Accenture’s UK financial services practice. “These technologies are primed to disr