Matteo Carbone News
Startup vs. Incumbent: The Battle Rages as InsurTechs Grow Fast But Fail to Show Profits
How far will they climb? How far can they fall? Will innovative InsurTech startups rocket past established players? Those may be some of the unspoken questions beneath a series of articles written by ...
Changing the Conversation About InsurTech—With Numbers
Although the term InsurTech (or insuretech) has been part of the property/casualty insurance industry's lexicon for at least two years, stories about the technology-based insurance startups were ...
Inconceivable! ‘You Keep Using That Word’
Beginning their third article in a series examining the statutory financial results of InsurTech carriers Lemonade, Root and Metromile, authors Matteo Carbone and Adrian Jones make reference to the ...
Are You Tapping the Positive Innovation Energy in Your Company?
The insurance industry is facing seismic and unprecedented shifts on multiple dimensions. From increasing client expectations to new emerging risks, from the emergence of robo-underwriters to the ...
‘He’s Gaining on Us?’ An ‘Inconceivable’ Quarter of InsurTech Carrier Financials
As we worked on pulling together this third installment of our review of U.S. InsurTech startup financials, we were reminded of the scene from "The Princess Bride" in which a masked man in black ...
Congratulations! You’re Innovating In A Highly Regulated Industry
What's in a name? A recent startup proclaims:"[Company name] Insurance is a [line of business] insurance company that provides [line of business] coverage to small ...
Second-Quarter 2018 Financial Details for Lemonade, Root and Metromile
Does Lemonade have shlimazels for customers? Is slower second-quarter growth at Root an indicator that the carrier is deliberately focusing on profitability? Do Ajit Jain and Rob Berkley know ...
Q1 Loss Ratios Unsustainably High for InsurTech Carriers Root and Metromile
Considering differences in "share of voice" commanded by InsurTechs Lemonade and Root, a surprise of first-quarter 2018 is the fact that the Columbus, Ohio-based Root has squeezed past Lemonade in ...