Private equity's insurtech appetite has shifted from cloud to AI

Private Equity Interest in Insurtech Moves from Cloud to AI

According to a report on Insurance Business Magazine, private equity firms are shifting their focus away from cloud-based technologies in insurtech toward artificial intelligence (AI). The report features insights from a veteran advisory source in the insurtech sector, who discusses the current trends and potential outcomes for these technologies.

The advisor comments on which AI technologies are performing successfully and which ones may encounter challenges. However, specific technologies or firms involved were not detailed in the report.

Original Source: https://www.insurancebusinessmag.com/us/news/technology/private-equitys-insurtech-appetite-has-shifted-from-cloud-to-ai-585883.aspx