InsurTech
Lemonade CEO Calls 2023 ‘The Year When the Plan Came Together’
Insurtech Lemonade reported a fourth quarter 2023 net loss of $42.4 million and a net loss of about $237 million for the full year but its chief executive said the company has seen "dramatic ...
InsurTech Root Results Improve but Remain at a Net Loss
InsurTech Root Inc. posted a net loss for the fourth quarter 2023 of $24 million and a net loss for the year of $147.4 million. Results were improvements from net losses of about $58.3 million for ...
Cyber MGA Coalition Predicts Common Vulnerabilities to Increase 25% in 2024
Cyber insurance provider Coalition said it expects the total number of common vulnerabilities and exposures (CVEs) to increase by 25 percent in 2024 to 34,888 vulnerabilities, or roughly 2,900 per ...
How VOOM Insurance Is Driving Change in the Mobility Space
Tomer Kashi is an InsurTech founder, a former software engineer and project manager within the cybersecurity division of the Israeli Prime Minister's Office, and a self-proclaimed "tech geek." He ...
Small Business Focused InsurTech Rainbow Announces $12M Seed Round
Rainbow, a digitally-enabled managing general underwriter offering tailored small business insurance products, has announced $12 million raised in seed funding with participation from Caffeinated ...
hyperexponential Raises $73M Series B to Expand Insurance Pricing Platform
hyperexponential, a provider of pricing decision intelligence software, announced the completion of its $73m Series B funding round led by global technology-focused investment firm, Battery Ventures. ...
Product Management Helped InsurTech CEO See ‘How All the Pieces Fit Together’
Thomas McGrath started his first business as a teenager. Back then, he'd purchase skateboards on eBay, slap on custom designs and resell them in bulk at local skate parks. The experience showed him ...
AI-Driven Embedded Platform Mulberri Announces $6.75M Series A
Mulberri, an artificial intelligence-driven embedded business insurance platform for small and medium enterprises, announced its $6.75 million Series A led by Eos Venture Partners, with participation ...