REVO among key players in Gallagher Re Global Insurtech Report

Milan, Feb. 1, 2024

REVO has been selected among the most innovative and significant industry case-studies in the fourth-quarter edition of the Gallagher Re Insurtech Report 2023 entitled "Late-stage growth and a view on an exit" and dedicated to the latest stage of InsurTech financing.

Gallagher Re is one of the largest reinsurance brokers globally, helping clients access the capital they need with strategic solutions.

It also provides risk management and pension consulting for businesses operating globally, nationally or locally.

The report examines global InsurTech financing and investment on a quarter-by-quarter basis, and this one in particular studies the final stage known as "late-stage growth financing": it looks at InsurTech companies that have recently gone through this final stage of financing and outlines exit paths that can be taken. Among the most notable data from the survey is that of the increase in global funding in InsurTech, which increased by 0.5 percent quarter-on-quarter, from $1.098 billion in the third quarter of 2023 to $1.103 billion in the fourth quarter of the same year. Confirming investors' interest in this sector.

Specifically, the report provides an overview of REVO with regard to its specialty and parametric business lines, proprietary OverX platform technology, and achievements over the past year.

Global InsurTech Report for Q4 2023 - Read the full Global InsurTech Report Q4 2023 (ajg.com)