embedded insurance News
InsurTech Root Says It Has No ‘Actionable’ Acquisition Bid
Root Inc. said Thursday that it does not currently have an actionable bid for its acquisition. Thursday's statement was issued following reports Root had received a bid from Embedded Insurance. The ...Viewpoint: Why Embedded Insurance Is Bad for Consumers and Insurers
In my view, embedded insurance is everything that is wrong with the startup approach to insurance.
Rather than look at things from the ...
Obie Raises $25M Series B to Expand Embedded Insurance Technology
InsurTech Obie announced it has raised $25.5 million in a series B funding round led by Battery Ventures, with participation from Brick and Mortar VC, DivcoWest, and several real estate funds and ...Markets/Coverages: Clearcover, Experian Team on Embedded Auto Insurance Solution
Digital car insurer Clearcover Insurance Company, said April 26 that it launched an embedded insurance solution in which consumers receive final, bindable quotes when they shop on Experian's auto ...Strategies For A Shrinking Auto Insurance Market
The increasing popularity of electric vehicles (EVs), autonomous vehicles (AVs) and shared-mobility platforms will shrink the overall personal lines market 31 percent by ...
Conning: Embedded Insurance Market Could Exceed $70B in Premium by 2030
Embedded insurance – a concept in which insurance is wrapped into the purchase of a product at the point of sale - could exceed $70 billion in premium by 2030, according a new report by Conning. ...What to Expect: 7 InsurTech Predictions for 2023
The year 2022 was not kind to the publicly traded InsurTechs. But beyond that smokescreen, new and growing InsurTechs continue to drive innovation. Here are seven trends ...
Social Media Buzz: Top LinkedIn Posts About Carrier Management News
Throughout the past week, we have devoted portions of our daily newsletters to republishing news and feature articles that were the most viewed by members of the Carrier Management audience. But ...How Embedded Insurance Can Help Serve Customers, Close the Protection Gap
Insurers are battling to attract new policyholders as costs per claim rise. McKinsey estimates show rising costs contributed to a $30 billion increase in loss costs in ...