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[vc_row][vc_column][vc_column_text] I had the pleasure of meeting Tiffani Bova, the author of “Growth IQ” tonight. She will be speaking at an Amerisure sponsored women’s broker conference with me tomorrow. [/vc_column_text][vc_column_text] With Tiffani Bova and Jennifer DeMello-Johnson The chapter she wrote about unconventional strategies includes a case study on Lemonade and...
[vc_row][vc_column][vc_column_text] The most successful Insurtech on the public markets, Lemonade, announced its results for the second quarter. It is a story of an improving and growing but highly unprofitable business, increasing its customer base by 10% to 1.2 million. At the same time, they increased their premium by 18% to...
[vc_row][vc_column][vc_column_text]Today, Kin Insurance, an Insurtech with only $25 million in premiums in 2020 and an expected $98 million in 2021, announced its intention to go public today with a valuation of $1 billion. They are doing this by merging with the Omnichannel Acquisition Corp SPAC. https://koupitedpilulky.com/genericka-levitra-bez-predpisu.html Interestingly, the SPAC is...
Today, on June 8, the stock worlds of Insurtech and Reddit memes collided. What a difference a day makes! The Reddit investors who built AMC Theaters, Bed Bath and Beyond, Blackberry and a few other stocks found Insurtech today. At the close of trading Clover Health, an Insurtech startup that...
[vc_row][vc_column][vc_column_text] Insurtech Lemonade LMND today announced its results for the first quarter of 2021. Like Colonial Pipeline’s Cyber carrier of record, Axa XL and Beazley, all will report a significant impact from cat losses. Lemonade from the Texas winter freeze, and Colonial's carriers from this incident. Juicing the numbers Lemonade...
I am sure you have been following the news that the Colonial Pipeline was damaged by a cyberattack on May 7, resulting in the closure of the pipeline that supplies about 45% of all refined fuels along the US East Coast between Texas and New York. Did you know that...
Cinco de Mayo, or May 5, is a holiday celebrating the date of the Mexican Army's victory over France in the Battle of Puebla during the Franco-Mexican War. Insurance, and especially Auto insurance, can be as demanding and damaging as any war. The U.S. auto insurance market is dominated by...