Information is the key!

How ChatGPT Can Help You Sell More Insurance Than a Talking Gecko in 2023

Summary  ChatGPT is the latest in a line of generational AI that is set to revolutionize the way we interact with machines. It uses natural language processing to understand and respond to customer queries in real-time. It can help streamline your internal processes, such as claims management, and policy underwriting,...

Tip O'Neill

Onward and Skyward: Our first IPO and Insurtech 2022 in review

Happy New Year. 2022 seems to have been somewhat of a watershed year for Insurance as a whole and especially the Insurtech ecosystem.  But our industry pales in comparison to the craziness we have been witnessing over the past week with the 15 votes it took to get the next...

President Harry Truman

Size doesn’t matter. Lemonade vs Root 3Q22 Results

Lemonade and Root announced their third-quarter results this week. There were some positive developments for both companies, but there are still many challenges ahead for both. Indeed, their results remind me of a quote from former President Harry Truman: “It doesn’t matter how big a ranch you own or how many...

Leave it to Beaver

Insurtech Hippo vs the Beaver 2Q22 Results Unpacked

[vc_row][vc_column][vc_column_text] When I was a kid, I enjoyed watching reruns of "Leave It to Beaver." The story that many of you may remember is about the Cleaver Family, with the near-perfect parents June, yes, the same as quarter-end ?and Ward Cleaver and their two sons, Beaver and Wally. They lived...

Panhandle Farmers Renters Insurance

Root and Lemonade 2Q22 – a tale of country roads

[vc_row][vc_column][vc_column_text]Last week, I had the privilege of speaking at the 115th Mid-Atlantic Mutual Advantage Conference, a biennial conference that brings together mutual insurance business leaders large and small to discuss industry trends. As I drove the 7 hours to West Virginia, two songs kept coming to mind: Country Roads by...

Carpe Diem

The Emperor Loves Cash: Insurtech Woes in 2022

[vc_row][vc_column][vc_column_text]Scott Eblin, a sage executive coach, wrote a book entitled "The Next Level." His primary thesis is that the skills that have promoted you are not the skills you need in your new role, and even more so for startups. Generally speaking, the skills needed as a founder are not...

The Lorenz Butterfly Effect

Butterflies and Insurtech Hippo’s 2022 Promising Spring

[vc_row][vc_column][vc_column_text]Happy Friday the 13th! Hippo today released its first-quarter results, entitled "Promises of Spring." Many of the results are promising, which we will discuss shortly. When I think of spring, I think of butterflies, and butterflies make me think about my dissertation. No, I'm not an entomologist, I was a...