Snapsheet heads for sale process amid InsurTech sector woes
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Snapsheet heads for sale process amid InsurTech sector woes

Giovanna Bellotti Azevedo
June 24, 2022
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Claims technology InsurTech Snapsheet has been placed for sale and is seeking a buyer through a formal process, according to sources.

The news comes as the steep correction that public tech valuations have suffered year-to-date spills over into the private InsurTech market, with previously hype-driven multiples compressing sharply.

InsurTech

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Giovanna Bellotti Azevedo
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