Insurtech Draws US$1.63bn As AI & Digital Risks Converge

Insurtech Sector Sees US$1.63 Billion Funding in Q1 2026

According to a recent report, the insurtech sector attracted US$1.63 billion in funding during the first quarter of 2026. This development comes as models focused on artificial intelligence (AI) see a surge in interest and underwriters reconsider how they evaluate and price risks associated with real-world AI exposures. The convergence of AI and digital risks is highlighted as a key factor in this growth within the insurance technology space.

Original Source: https://aimagazine.com/news/insurtech-funding-hits-us-1-63bn-as-ai-risks-coalesce