Setting Up a Safety Nest: When Cheap Insurance Still Excludes Millions
Even before the COVID-19 pandemic, there were tens of millions of Americans driving without insurance—a problem that the financial stresses of the pandemic may have ...
Content from Susanne Sclafane
InsurTech Tackles Underserved Homeowners Market: Uninformed Buyers
Ian Gutterman doesn't think there's any underserved market of people who need cheap insurance.
"There's plenty of that available," says ...
The Math of Homeowners Deductibles
People who work in the insurance industry probably buy homeowners policies with high deductibles, an industry investor-turned-InsurTech-founder told Carrier Management ...
‘Inside-Out’ Branding: How One P/C Insurer Made Glassdoor’s Best Places to Work List
There are a lot of experiences that Branch Insurance Co-Founder Steve Lekas took away from his 17 years working in the property/casualty insurance industry that shaped ...
Branch Insurance Sprouts From Roots of Asking Why
"Ask Why. It's how we learn new skills, grow as a team, and invent. Without asking 'why?' we'd never get to the deeper understanding needed to create ...
Birth of a Unicorn: How Branch’s Founders Turned Noes Into Yeses
Like most startups, the founders of unicorn Branch faced some early setbacks.
In a word, the process was "intense," according to Steve ...
P/C Carriers Losing Ground to MGAs in Talent War
During a webinar about an insurance industry labor market survey last month, an industry recruiter said that insurance carriers are losing ground to managing general agents in the war for talent. "On ...
They’ll Be Back: RenRe CEO Predicts Cedent Demand for Re Limit Will Rise
Although insurance companies that may have wanted more reinsurance coverage going into the 1/1 renewals elected to close their wallets in the face of rising rates, they will ultimately seek that ...
Tesla Competing With ‘GEICOs of the World’ to Lower Insurance Prices
While executives of Tesla said the car maker's insurance business isn't yet big enough to warrant separate financial disclosure of its results, Chief Executive Officer Elon Musk reiterated a benefit ...