Insurtech patent filing increased 40% in 2017
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.
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