S&P Global 1/26/2022- Insurtech fundraising may be more challenging in 2022 after record-setting 2021

Robert P. Hartwig, PhD, CPCU · January 26, 2022 ·

Insurtech companies had a record setting year in 2021 in terms of fundraising and valuations. This may be difficult to replicate with rising interest rates and the challenges publicly traded insurtechs are facing. S&P Global contacted Dr. Robert Hartwig who said rising interest rates are becoming a “reality check” for venture capital investors. Furthermore, Hartwig noted that it should have been “patently obvious” in 2021 that insurtechs carried “insane” valuations, and that investors and insurtechs were in the “midst of a bubble at risk of imminent collapse.” Read the article here.

About Robert P. Hartwig, PhD, CPCU

Director, Risk and Uncertainty Management Center
Clinical Associate Professor
Robert Hartwig (Ph.D., University of Illinois, 1993) is clinical associate professor of finance and director of the Risk and Uncertainty Management Center. His research focuses on insurance markets and structures, risk management, pandemic risk, risk-bearing capital market instruments, the financing of technology risks and venture capital in insurance markets. He makes frequent presentations to insurance industry management, boards of directors, regulators and legislators. Prior to joining the Darla Moore School of Business, he was president and economist for the Insurance Information Institute in New York and in prior positions worked for Swiss Re, the National Council on Compensation Insurance and the U.S. Consumer Product Safety Commission. He has also served as an adjunct professor at Florida Atlantic University. His professional experience includes expert witness testimony and testimony before numerous congressional and state legislative committees. He holds the Chartered Property Casualty Underwriter (CPCU) credential and speaks frequently in the media on all issues related to insurance markets.