More and more insurers develop a home ecosystem in an attempt to create a relevant, differentiated and sustainable way to attract policyholders' attention.

The initial allocation is in excess of £100 million.

The Austin-based car and home insurance aggregator is a team of 280 plus people. It generates revenue in two primary ways – selling insurance through its in-house agency and receiving a fee for redirecting online shoppers to partner sites.

Needless to say, anyone who invested in this business lost money because it had no right to exist in the first place - not as a standalone business anyhow. 

According to the company, insurers and brokers can leverage the Allegory Insurance Score to augment existing policies or build new insurance products for their customers. 

This investment is a tactic for achieving Baloise's goal of developing its Home and Mobility ecosystems by 2025.

SoFi has launched a new offering, which comes with new insurance partners.

A monthly analysis of insurance innovation by investments, partnerships, acquisitions, technology implementations, web traffic, employee growth, and more. March’s analysis is now available. Non-Research members can access a limited sample...

😄 Happy April Fool’s Day, now let’s get on with today’s news.   * Briefed while companies still can’t resist April Fools’ Day * 🤔 “Overall, our vertical software platform...

The call took place on Tuesday, March 02, 2021.

Connecting the dots, Next Insurance competes with players from within and outside the category of insurance. Its primary insurance competitor is Hiscox that likely has more API integrations than Next.

Then, the pandemic happened, and Tokio Marine is to Greensill as the media is to WeWork.

Marketers can now target messages to drivers based on their predictive driving risk, helping marketers optimize acquisition and profitability goals while providing consumers more relevant offers based on their driving segment.

Hippo acquires First Connect Insurance Services for approximately $25 million.