Google ‘Definitely’ interested in Insurtech investments
Saturday, 10 20 2018, Category: Technology, Country: World
Google is eager to invest in other insurance technology companies well beyond its newly announced minority stake in Applied Systems, a principal investor with the global search engine giant said on Oct. 17.
“We really like the market,” said Jesse Wedler, a principal with CapitalG, the growth equity investment fund of Google’s parent Alphabet. “We will definitely be looking for additional investments in the insurance technology space.”
Source: Insurance Journal