InsurTech
Root Books Another Loss; Stays Positive on Embedded Insurance
Calling embedded insurance the "next secular trend in distribution," Root Inc. CEO Alex Timm in a letter to shareholders said the company has an advantage to scale access in the channel and become ...
With Rate Increases Still Pending, Lemonade Is Slowing Growth in ’23
Executives of InsurTech Lemonade say they're slowing down growth in 2023, as the company waits for regulators to approve rate hikes needed to keep up with inflation. "So long as these mismatched ...
Root Granted Restraining Order Against Former CMO it Says Stole About $10M
A U.S. district judge has granted a motion for a temporary restraining order requested by Root Inc. against its former chief marketing officer to prevent him, his ...
InsurTech Profile: AgentSync Co-Founders on the Cost of Resisting Change
Niji Sabharwal, CEO and co-founder of insurance compliance software provider AgentSync, has a message for insurers who worry InsurTech is causing too much disruption in the industry. "People often ...
Goose Insurance Closes $4M Series A Funding Round
Goose Insurance Services announced that it closed a $4 million Series A funding round led by Axis Insurance Managers, with participation from Impression Ventures, Real Ventures, and Manchester Story. ...
Commercial Auto InsurTech Startup OpenEyes Emerges From Stealth
OpenEyes, an InsurTech serving commercial automotive fleets, emerged from stealth on Tuesday with $18 million in Series A funding led by global software investor Insight ...
InsurTech Spotlight: How vQuip’s CEO Left the Football Field and Made His Next Play in Insurance
Cam Serigne, like many in the insurance industry, has had an unconventional career path, serving as a football player in the NFL before launching his own InsurTech. But he said joining an unfamiliar ...
InsurTech Spotlight: FloodFlash Is Closing Coverage Gaps with Parametrics
True to its name, a 2012 flooding event is what initially sparked the idea for the commercial flood InsurTech, FloodFlash. Since then, the company has grown out of an apartment kitchen to a fully ...