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European insurtech investment set to grow as global fintech funding reaches £13.4bn

Cogs and money bags

European insurers are set for the same levels of transformation as the banking sector, according to a KPMG report, which has tipped further growth in the insurance-tech industry in Europe in the coming years.

The 'Pulse of Fintech' quarterly report, published in conjunction with CB Insights, said fintech investment generally will increase in Europe over the next few years and, in 2015, the UK drove Europe

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