Insurance Technology Exit Activity in 2019 Projected To Be Lower Than 2018

How has exit activity for insurance technology developed in the first half of 2019? This blog post explores insurtech exit metrics through Q2 2019 and compares them to previous years. The graph below shows the number of insurtech exits by year, stacked by quarters.

Insurance Technology Exits Over Time

As the graphic demonstrates, insurtech has seen a total of 8 exit events through Q2 of this year. This represents 36% of the total exits in 2018, and 62% of the exits through Q2 in 2018. Some of the exit events in Q2 2019 include CompareGuru’s acquisition by SureStart, InstaMed’s acquisition by JP Morgan Chase, and Acierto.com’s acquisition by Oakley Capital.

A straight-line projection of the completed exit activity this year would come out to 16 exit events, which comprises 73% of the total exits in 2018. By the same token, a weighted quarterly average projection of 2019 exit activity would come out to 14 exit events, which falls short of the total exits in 2018 by 38%. Therefore, based on the mid-year data, insurtech exit activity in 2019 is projected to decrease from the exit activity in 2018.

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