Pulled InsurTech IPOs starting to ‘normalize’ outsized private valuations
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Pulled InsurTech IPOs starting to ‘normalize’ outsized private valuations

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Sky-high private InsurTech valuations are beginning to “normalize”, as a combination of pulled IPOs and punishing market conditions for public InsurTechs create downward pressure, sources said.

InsurTech valuation dynamics are extremely volatile in both the private and public spheres, sources agreed. But on the heels of companies like Kin and TypTap pulling back on their planned public market debuts, investors are taking a second look...

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