Kaenan HertzKaenan is a professional in the areas of block chain, telematics, wearables, analytics, artificial intelligence (AI) and Insurtech. He has played a key role in innovating many start-ups and established carriers. His advice has been widely appreciated in the financial community, which resulted in multiple quotes and publications in various media. Most recently he […]
As with the recent results of Root Insurance, the way you view the results of Lemonade depends on whether you are a half-empty or half-full glass. Lemonade increased its customer base to just over 1 million 56% YOY and subsequently increased its ongoing premium to 213 million dollars 87% YOY. They attribute this to a […]
Insurtech Root Insurance just held its first earnings call as a publicly-traded company. Investors don’t seem too pleased with the results. The stock was down nearly 10% in after-hours trading (8:15PM). Adding insult to injury, the Oregon Department of Consumer and Business Services today levied civil penalties against Root and Allstate Insurance for canceling policies violating state COVID-19 emergency orders. […]