In the world of Insurtech, Lemonade has always played the role of the avant-garde protagonist, consistently pushing the boundaries of traditional insurance. Their latest quarterly report for Q2 2024 feels like an epic blockbuster movie, filled with both thrilling highs and perplexing plot twists. If this report were a movie, it might resemble Christopher Nolan’s […]
In the wild world of insurtechs, Hippo has been wading through the insurance swamp, while Lemonade and Root navigate their own murky waters. With a secret weapon up its sleeve, Hippo has shown resilience and adaptability, much like its namesake. But will this hippo emerge as king of the insurtech jungle? […]
Join us on a cinematic journey through Root Insurance’s 4Q23 and full-year results, where financial figures meet classic movie charm. From the suspense of their combined ratio to the blockbuster potential of their revenue growth, discover what regional carriers can learn from Root’s daring strategy. It’s an epic tale of resilience, innovation, and strategic investment that’s not just about surviving the insurtech arena but thriving in it. Lights, camera, action—let’s delve into the financial drama and uncover the strategic takeaways that could script your company’s success story. […]
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 […]
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 […]
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 thoughts for 2020 in Insurtech […]
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. […]
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, they were heavily funded by Softbank. […]
Happy “National Science Fiction Day” to all of you that enjoy reading a great SciFi book or had a chance to see the latest Star Wars entrant. I hope you had a great holiday season with family and friends. As I reflect on 2019, I’ve been blessed to work and interact with amazing people like […]
I recently wrote an article on Coverager about Smart Tires and the potential benefits and risks for Insurance Carriers. Click here to read the entire article. A short video is below. Kaenan HertzKaenan is a professional in the areas of block chain, telematics, wearables, analytics, artificial intelligence (AI) and Insurtech. He has played a key […]