InsurTech
How Root Insurance Did What Other Insurers Only Imagined
Having achieved unicorn status with a $1 billion valuation less than two years after its official October 2016 debut, InsurTech carrier Root Insurance Company may seem like an overnight success. The ...
A Passion for Insurance: Growing Up in the Business
Alex Timm's path to the C-Suite of an InsurTech carrier probably isn't typical. Unlike other InsurTechs headed by technology experts or marketing officers from outside the insurance industry, Timm is ...
Did You Know? Auto and Renters Risks Correlated
To Alex Timm, CEO of Root Insurance Company, the auto insurance carrier's recent move into the renters insurance market seemed like a natural extension for its customer base given that 70 percent of ...
Insurance Value Chain Poised for Big Changes From Data-Driven Business Models
Digital transformation empowers consumers to be more informed and independent, and equips insurers with the tools to develop new tailored products and services and refine existing ones, said the ...
Online Insurance Marketplace Policygenius Pulls in $100M From AXA and Others
Online insurance marketplace Policygenius raised $100 million in new financing. The company plans to use the money for hiring, to propel growth and for broader consumer financial protection products ...
InsurTech Investments Reach New Highs, Even as Many Startups Quietly Shut Down
InsurTech investments reached an historic high in 2019, according to a new briefing on the sector from Willis Towers Watson. But 2019 also capped a three-year period where many InsurTech startups ...
InsurTech Ecosystem: Value Beyond Technologies
In recent years, we've seen significant investments flow into the InsurTech ecosystem, creating thousands of new technology tools. Yet it's this same volume that's leaving many carriers overwhelmed ...
Cyber InsurTech Sayata Labs Hires Flynn as Head of Insurance
An InsurTech designed to help brokers and carriers maximize their cyber business has hired a former Beazley Group executive in a leadership role. Israel- and Massachusetts-based Sayata Labs said it ...