2020 Insurtech Year in Review: Amazon versus the Brokers

I trust you were able to take some quality downtime with your family to recharge and reflect on the monumentally different year we have lived through. I wish you, your colleagues, friends, and family a healthy, safe, and fulfilled year for 2021. I wanted to share with you my closing...

Insurtech Root's 3Q2020

$152,542: Unpacking Insurtech Root’s 3Q2020 Earnings

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...

Insurtech AI Top 100

Insurtech Root & Mediaalpha IPO. Why your Board should care

Today, Insurtechs Root Insurance and Mediaalpha went public. Root was able to set their IPO price above the original estimate of $27, which will net them about $725 million, plus another $500 million from 2 private investors for a total of $1.25B. WOW! They now have a market capitalization of...

Insurtech Root's Customer Experience

Insurtech Root Insurance 2020 IPO Unpacked

The Root of Insurance is Profitable Coverage (Hint: A 63% 1st-year retention rate doesn’t help) Insurtech Root, a mobile-first (only) carrier announced its intent to go public this week.  Their SEC filing can be seen here.  This comes on the heels of their latest funding round in 2019 of $350M...

Insurtech Lemonade’s 2Q2020 results unpacked: The good and the bad

The Insurtech Lemonade (LMND) announced its Q2 results today, their first as a public company. The results showed significant improvements quarterly year over year in several key metrics. But is comparing Q2 2020 to Q2 2019 a fair comparison? Not only was the second quarter of 2020 one with significant...

Lemonade Logo

How do you like your Lemonade: tart or sweet? June 2020

As you probably have heard, the Insurtech Lemonade announced on Monday its intent to go public with a $100M offering. The current VC funding values Lemonade at ~$2B. There is not enough information in the S-1 to estimate market capitalization yet. Like another New York VC darling that flamed out,...

Mayor of London #WEF Davos

What I learned and the 1 big takeaway in Davos at the World Economic Forum 2020

I had the real fortune to head to Davos this year and the World Economic Forum and some of the other forums around blockchain, cryptocurrency, and inclusiveness.   I decided to go, mostly because this year’s theme “Sustainability” wasn’t something I hear regularly discussed in my personal or professional circles.  I...