21 #Insurtech Startups That Have Gone Under
It’s official. P2P car insurance startup Guevara has shut down its operations .
So the rumours are true. Guevara down. Really sad for the team. They were pioneers. Respect #insurtech 😪🙌🏻
— James York (@JamesJWYork) September 21, 2017
Sad news about Guevara – its closure highlights the potential difficulties #insurtech start-ups face https://t.co/VyNsZuBFje @Insurance_Post
— Adrian Coupland (@coupland_adrian) September 22, 2017
Not surprising given that Coverager first reported its problematic web presence back on June 26 and later again on August 25. What is surprising is that it was a venture backed (think: Mosaic Ventures) startup, and those, in theory, have better odds of staying in business. Refresher: 21 startups-concepts that didn’t quite make it: