Root raises $350M for a total of $527M

Root Insurance Company the Insurtech auto carrier just closed another round of financing @ $350M, bringing their total raised to $527M. 2018 premiums were $106M according to S&P Global. What does this mean for an incumbent #carrier? Watch the video to see a #Bull and #Bear take on their success. For details on the round […]

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Insurance agents should partner with Insurtechs

Could InsurTech Startups Be Friends—Not Foes for the Insurance Agent?

I recently wrote an article about how Insurance Agents can benefit from the Insurtech Ecosystem.  The Insurance agent or broker should look to partner with appropriate Insurtechs, thus bringing their insurance industry enhancements into their Agency and giving them a competitive advantage. You can read more @IndAgent:  Could insurtech startups be friends not foes? Insurtech Advisors […]

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A contrary opinion to the impact of insurtech on incumbents

An interesting article on about why predicting legacy insurance carrier demise at the hands of insurtechs is wrong. They posit that these predictions don’t take into account game theory like behavior such as what the incumbent legacy carriers will do.  In the end, these legacy carriers have significantly larger balance sheets and if they […]

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