Funding for the insurtech sector dropped to $4.5 billion in 2023, down 44% from 2022 and 72% from its 2021 peak. Poor performance by Lemonade and frothy valuations have curtailed the appeal of the sector. However, reinsurers made investments in a record 148 deals, focusing on more advanced insurtech players.
Arthur J. Gallagher & Co. (NYSE:AJG) Q4 2023 Earnings Call Transcript January 26, 2024 Arthur J. Gallagher & Co. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, and welcome to Arthur J. Gallagher & Co.’s Fourth Quarter 2023 […]