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‘He’s Gaining on Us?’ An ‘Inconceivable’ Quarter of InsurTech Carrier Financials
As we worked on pulling together this third installment of our review of U.S. InsurTech startup financials, we were reminded of the scene from "The Princess Bride" in which a masked man in black ...
Congratulations! You’re Innovating In A Highly Regulated Industry
What's in a name? A recent startup proclaims:"[Company name] Insurance is a [line of business] insurance company that provides [line of business] coverage to small ...
Second-Quarter 2018 Financial Details for Lemonade, Root and Metromile
Does Lemonade have shlimazels for customers? Is slower second-quarter growth at Root an indicator that the carrier is deliberately focusing on profitability? Do Ajit Jain and Rob Berkley know ...
Berkley Stresses Consistent Values; Cultures Can Vary
When W.R. Berkley Corp. announced the launch of Berkley Cyber Risk Solutions in late 2016, it was almost two decades after the first cyber insurance policy was written. But there are good reasons the ...
Strategies Revealed: Legacy Carriers Know Exactly How InsurTechs Will Come at Them
There is this great scene in the movie "The Godfather," in which Tom Hagen asks Michael Corleone "You know how they're going to come at you?" regarding some unpleasantness with the heads of the other ...
Potential Flood of Flood Insurance Lawsuits Looming
Everyone in the insurance industry knows that the National Flood Insurance Program is on its deathbed, notwithstanding the recently passed extension, and many are prepared to step in. Insurers are ...
Sexual Harassment—Survey Results and Reader Perspectives: Part 4 in a Series
Perceptions among insurance industry employees and executives about what sexual harassment entails aren't clear cut. Many also differ as to the extent, or existence, of the problem. At the same time, ...
Some See Strides in Combating Sexual Harassment Workplace Problem: Part 3 in a Series
Attorneys representing both corporations and victims in sexual harassment cases appear to agree on one thing: Sexual harassment cases will never be totally eradicated. Where they differ: On whether ...