Insurtechs that rely heavily on AI have been struggling to stay afloat—let alone disrupt the insurance model—when they lack the data to build better models.

A difficult market environment is reshaping insurers’ priorities. Insurers that focus on improving customer lifetime value and meeting evolving consumer expectations can turn challenges into opportunities.

Hippo’s public debut continues the SPAC frenzy, with many similar deals likely to follow in the next few years. But will all these SPAC companies be able to find lucrative acquisition targets?

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.