InsurTech
Hiring for Attitude: What Sets Lemonade Apart
An executive speaking at Lemonade's Investor Day late last month took investors behind the scenes to watch some of its AI bots in action. The point of the demonstration, however, was to do more than ...
So…Where Are We Now? VC Viewpoint on InsurTech Funding Trends
Long seen as ripe for innovation, the insurance industry attracted significant attention from venture capital investors over the last few years. A renewed focus on ...
Hippo Sells Majority Stake in First Connect Insurance to Centana Growth Partners
InsurTech Hippo said it has sold a majority stake in First Connect Insurance Services, a digital platform for independent agents. The buyer is private equity fund Centana Growth Partners, who with ...
InsurTech Innovator Has High Hopes for Ascend
The first startup Andrew Wynn joined became a multibillion-dollar home run. The first he started sold to Hippo Insurance in 2019. Now, the 35-year-old leader is swinging for another smash hit — ...
‘Pivotal’ Q3 Sees InsurTech Root Achieves Net Income Profit for the First Time
For the first time in the company's history, Root Inc. recorded a quarterly net income profit. The Columbus, Ohio-based parent company of Root Insurance founded in 2015 recorded third quarter net ...
Delos Insurance Solutions Raises $9M in Series A Funding Round
Property insurance MGA Delos Insurance Solutions, which uses wildfire science and satellite imagery to assist homeowners with wildfire insurance availability, has raised $9 million through a Series A ...
Tech Bytes: New Partnerships at bolt, Ascend
InsurTech bolt announced a collaboration with Salesforce to launch bolt for Salesforce on Salesforce AppExchange, an enterprise marketplace for partner apps and experts. The collaboration aims to ...
Tech Bytes: New Partnerships at Mylo, Cytora
InsurTech Mylo announced its membership in the International Franchise Association (IFA), a franchising membership organization with more than 60 years of experience advancing franchisors, ...