Insurtech is a booming sector, and deep-pocketed investors show no sign of slowing down in pouring money into the next hot start-up. The latest example is Health IQ Insurance Services, Inc., which this week announced it has raised $55 million in growth capital, bringing its total funding raised to $140 million.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
