Article
| APR 20, 2022
Article
| JAN 31, 2022
Article
| DEC 16, 2021
Article
| NOV 24, 2021
Article
| NOV 10, 2021
Lemonade will acquire Metromile in a deal expected to close next year. Insurtech M&A activity and large raises show the space has matured.
Article
| NOV 4, 2021
The insurtech is banking on its telematics, fast claims capabilities, and pro-environment and bundling incentives to drive sales.
Article
| OCT 19, 2021
Report
| MAY 23, 2022
In 2021, full-stack insurtechs made up 24% of total US insurtechs, compared with 20% in 2020, according to Capgemini’s 2021 World Insurtech Report. Insurer-Facing Players. Insurer-facing players serve insurance companies rather than consumers and businesses. But the category is not mutually exclusive: Many reinsurers and some B2B-focused insurtechs also offer insurance. Reinsurers.
Report
| FEB 3, 2022
More insurers will follow insurtechs’ lead and invest heavily in social media. Insurtechs like Root and Lemonade commit the bulk of their digital ad budgets to Facebook, while most incumbents focus on desktop display, per Pathmatics. (Allstate is an exception, having raised Facebook spend from 1% of its digital ad spend in 2016 to over half starting in 2018.).
Article
| OCT 7, 2021
Report
| MAR 3, 2022
Insurers and insurtechs: Offer mileage-based and/or behavior-based UBI programs to clients and prospects. Auto manufacturers: Make connected vehicle data available to insurers and/or use it in-house to calculate insurance risk for their drivers and offer them tailor-made policies.
Report
| DEC 6, 2021
Insurtechs will also bring more customers into the fold. Global insurtech funding jumped to a whopping $10.5 billion at end of Q3, compared with $7.1 billion for all of 2020, with later-stage insurtechs grabbing the lion’s share. In 2022, insurtechs Wefox, Zego, and Cover Genius will use mega-rounds to further close the coverage gap.
Report
| JAN 12, 2021
Incumbent insurers have accelerated their use of mature AI deployments in the past year to meet changing customer expectations and better compete with insurtechs. They’ll now need to infuse the tech across their business segments to unlock the full potential—including enhanced personalization, cost cutting, and stronger risk management—of AI-driven digital transformation.
Article
| OCT 6, 2021
Article
| OCT 8, 2021
Getsafe will use the fresh capital to expand across Europe but faces competition from fellow insurtechs also plotting expansion.
Chart
| OCT 27, 2021
Chart
| OCT 27, 2021
Article
| SEP 20, 2021
The pandemic has changed customer expectations, providing a welcome boost to insurtechs’ and Big Techs’ user growth and forcing insurers to adapt.
Article
| SEP 15, 2021
Lemonade added a preventative pet insurance package for younger pets amid strong premium growth—but we expect the insurtech to prioritize providing one-stop-shop insurance coverage
Article
| SEP 9, 2021
Article
| JAN 18, 2022
Telematics is becoming the norm in US auto insurance as drivers increasingly agree to being monitored in exchange for lower premiums.
Article
| AUG 16, 2021
Article
| AUG 27, 2021
Small business-focused insurtech Pie edged closer to its full-stack goal, and its rapid user growth underlines its competitive threat to incumbents
Article
| AUG 17, 2021
Article
| AUG 2, 2021
Q2 insurtech funding is the largest on record, but just 15 late-stage deals accounted for two-thirds of the total, putting newcomers at an even steeper disadvantage.