What future is there for the new start-ups?

Approximately US$8bn of the $20bn in new capital funnelled into insurance start-ups over the past nine months has come from private equity investors. Private equity firms that have invested new money into the insurance industry include a number of well-known players like The Blackstone Group, which has committed $450mn. Also in the fray are Boston-based Thomas H Lee and Warburg Pincus in New York, which, according to published reports, have committed $475mn and $405mn, respectively.