Lemonade
Insurtech 100: May - July 2019 quarterly update
Hippo, Lemonade and Zego are just three of the start-ups that have been in the news recently. Matt Connolly, founder and CEO of Tällt Ventures, reflects on a what has been happening for the Insurtech 100 since the list was published in May.
This week: Rolling in it
Thursday seemed an appropriate day for insurtech Hippo to announce the outcome of its latest funding round – with temperatures reaching 38°C in places, the urge to emulate the mud-wallowing tendencies of its namesake animal became more and more tempting.
Lemonade rival Hippo picks up $100m in latest funding round
Lemonade competitor Hippo has raised $100m in a Series D funding round, led by Bond Capital.
More than half of global insurtech investment in Q2 came from four deals
Global insurtech investment hit $1.41bn in Q2 2019, with more than half of this coming from four transactions.
Allianz in 'advanced negotiations' with partners to launch open platform
Allianz has reaffirmed its commitment to its open platform initiative despite there being outwardly little progress in the 18 months since it was first announced the plan at the beginning of 2018.
This week: Dual pricing and sexual harassment claims
For a while now the insurance industry has been under the spotlight for the sheer volume of sexual harassment allegations its faced. And after Post reported this week the suspension of a senior boss at Marsh sister company Guy Carpenter, following…
Lemonade launches in Germany
New York-based insurtech Lemonade has launched in Germany.
Lemonade begins hiring for potential Europe expansion
Exclusive: US-based insurtech Lemonade is looking to hire staff in a Europe office in Amsterdam, marking a potential international expansion for the firm.
This week in Post: Funds, loyalty and crime
Gift cards may not be very personal, but they are perfect when you are not sure what to get someone. However, if you are anything like me you put them away in a “safe” place and forget to use them in time.
Lemonade raises $300m in latest funding round
US-based insurtech Lemonade has raised $300m in a Series D round, bringing its total funding to date to $480m.
Editor's comment: Knowing what is good for you
My son is learning about healthy living at school and a recent exercise sent home was to spend a day eating according to the Eatwell Guide.
Blog: Getting Insurtech over the wall and up the hill
Agile is poorly understood by the UK insurance industry - and implemented even worse. That is the view of Oxbow Partners' Chris Sandiland, who offers his own take on how incumbents can best take advantage of an insurtech and innovation strategy
This month: Seeking the right fit
I’m a fan of making sure stuff is the right fit - I make a point of trying on new outfits in my own home with accessories and shoes to make sure it all works for me. I also test drove my new car a few times to check it was what I wanted. Aon, however,…
Analysis: Will Lemonade’s shrinking losses buoy insurtechs?
Lemonade's success in cutting its underwriting losses could encourage other insurtechs to become carriers, market analysts suggest.
Lemonade slices underwriting losses
US-based insurtech Lemonade has cut its underwriting losses and grown premiums.
UK insurtech attracts $1bn of investment in 2018
UK insurtechs saw over $1bn (£780m) of funding in 2018, up from $792m the previous year.
Lemonade wrestles down losses despite California exposure
Lemonade reduced its loss ratio to 99% in Q4 of last year, despite exposure from the California wildfires.
Top 100 Insurtech: Quarter four update
It’s time for the final 2018 update on the Insurtech 100, the global index compiled for Post by Tällt Ventures. Here founder and CEO Matt Connolly rounds up the latest investment and partnership news.
Roundtable: The new wave: time to disrupt the disruptors
The insurance sector must remain vigilant to challengers, be they data giants like Google and Amazon, or nimble insurtechs. Especially given that some already hold such rich data. So how can incumbents take on potential usurpers? Is now the time to take…
This week in Post: Another unrated insurer bites the dust
Hooking the headlines this week, Danish unrated insurer Qudos was placed in liquidation by its owner.
Lemonade in bid to take on Europe
US-based insurtech Lemonade has revealed plans to enter the European market.
This Month in Post: Top 100 teachings
My first three weeks reporting on the insurance industry has taught me how broad the sector is. Covering the claims beat I'm expecting to be learning more about escape of water, floods and storms. Our Top 100 UK insurers ranking has already shown me how…
Spotify exec jumps ship for Lemonade
Jorge Espinel, former global head of business development at Spotify, has joined New York-based insurtech Lemonade.
Analysis: Chatbots – Where is the love?
‘Chatbot’ has long-become an insurance industry buzzword, but penetration remains low and firms are still grappling with how to use early iterations of the technology. Elsewhere, some chatbot pilots have failed.