Insurance

Why investors are hunting insurtech unicorns

Asian insurers lag their global peers when it comes to investing in insurance technology start-ups, but are trying to catch up. It's seen as a potentially risky but worthwhile strategic play.

The ultimate ambition of venture capitalist (VC) investors is to rope a unicorn – a privately held start-up company that can be nurtured into a success worth at least $1 billion. 

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