Editor at Coverager
The latest edition of “Insurance Innovation” is now ready to download. This issue includes: A look at insurtech investments, highlighting $1.56 billion raised in 46 funding rounds. A spotlight on...
This amounts to a workforce reduction of around 10% in the US.
This past week, Next Insurance has notably closed the gap with its main competitor, Hiscox, which serves over half a million small business owners. In a significant move, Next has...
October 30 - November 4, 2023.
Root ends Q3'23 with 259,522 policies in force.
The news comes after the CEO's remarks in August, expressing concerns about the company's financial stability.
The company's insurance segment includes information tools and access to insurance quotes including auto, home, health, and medicare.
Following these sales, Olive will wind down its remaining operations.
Commercial Lines achieved core earnings of $542 million.
Coverager’s Week in Review – October 22-28, 2023.
Hippo primarily operates as a personal property insurer and has raised over $1.2 billion since its inception.
Over the years, Greenlight Re has participated in at least 28 insurtech funding rounds, with noteworthy portfolio companies including Coterie, Openly, and Sana Benefits.
A summary of various insurance-related news and investment activities.
Dutch operates in the space of the now-defunct Fuzzy Pet Health.
Separately, former employees have gone to LinkedIn to share reports on layoffs.