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  "documentTitle": "Pulse of Fintech H1 2021",
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      "text": "What to watch for in H2’21\n— partnerships focused on providing on-demand insurance products\n— increasing investments targeting the supplemental benefits space\n— continued focus on embedded insurance\n— technologies focused on enabling agents and brokers\n— vertical integration from insurtechs.",
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      "text": "Big techs partnering to provide insurance offerings\nBig techs continued to focus on forging partnerships to embed insurtech offerings into their offerings and platforms. In H1’21, Google announced a partnership with Munich Re and Alliance to provide cyber insurance to Google Cloud customers.",
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      "text": "Corporates making acquisitions\nIn the US, we’re seeing more corporates making outright acquisitions in order to gain capabilities — a trend predicted a few years ago that is only coming to fruition now. During H1’21, American Family bought commercial insurance distributor Bold Penguin and USAA announced its purchase of usage-based insurance provider Noblr.",
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      "text": "Over the last few years, the really large insurtech deals were almost exclusively insurtech carriers. While we saw plenty of those deals happening in H1’21, including Next Insurance, Clear Cover and Bought by Many, we also started to see larger deals in the enabling tech space, including Shift Technology — which is focused on process enablement, and Collective Health — which is a self insurance technology platform for businesses.",
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      "text": "Over the last few years, the really large insurtech deals were almost exclusively insurtech carriers. While we saw plenty of those deals happening in H1’21, including Next Insurance, Clear Cover and Bought by Many, we also started to see larger deals in the enabling tech space, including Shift Technology — which is focused on process enablement, and Collective Health — which is a self insurance technology platform for businesses. — Pat Kneeland, Manager, KPMG Innovation Lab, KPMG in the US",
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      "kind": "source-note",
      "text": "6 https://www.dig-in.com/news/american-family-acquires-bold-penguin... 7 https://communities.usaa.com/t5/Press-Releases/USAA-Announces-Plans-to-Acquire-Insurtech-Company-Noblr-Inc/ba-p/249768",
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      "text": "Fintech – Insurtech",
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