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Insurtech patent filing increased 40% in 2017

Michael Loney, New York


RPC reveals that insurance patent filing is up 116% in the past five years, driven by patents related to pricing, telematics, AI and peer-to-peer insurance

The number of insurance-related patents filed worldwide increased 40% in last year, driven by investment in insurtech. The 917 patents filed in the 2017 calendar year was up from 657 in 2016, according to London law firm RPC.

Insurtech patents 2017
Source: RPC



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