Insurtech-related patents soar globally
Tuesday, 11 06 2018, Category: Technology, Country: World
Investment in insurtech continues to increase exponentially, the latest filings of insurance-related patents has proved with figures jumping by 40 percent between 2016 and 2017, research by law firm RPC has shown.
The number of filings increased to 917 in 2017 (to Dec 31) from 657 in 2016, according to the law firm. It also showed that over the past five years, insurance patent filings per annum have jumped by 116 percent over five years from just 435 in 2013.
Source: Intelligent Insurer