Riskbly’s Post

How are public InsurTech companies doing? That's what Matteo Carbone explored in his latest essay. 👉 https://lnkd.in/dcSGqYvN As the market has shifted from pursuing growth at all costs to prioritizing profitable growth, he analyzed the performance of these players in terms of insurance (technical) results. He focused on three prominent players and conducted a comparative analysis of their recent financial results, balancing considerations of growth and profitability. I perceive it as an excellent benchmark for full-stack players, presenting an encouraging outlook as the figures consistently demonstrate improvement over time. #insurance #insurtech #venturecapial 

We are excited to have our Managing Partner & Co-Founder, David Kimmel, take part in the 2024 Insurtech Insights Conference in New York. David will be moderating "The Billion Dollar Question: How to Build the Next Successful Insurance Company" panel, providing insights on insurance company startups, challenges, and drivers of success. Looking forward to a great session on June 5th! #ITUSA2024 #insurance #insurtech #insuranceservices #investmentbanking

🐟 Where have all the mid-size brokers gone? They've been eaten 🐋 Still, there's encouraging news from the Broker CEO Forum as covered by Katie Scott (welcome back btw 😊!) in Insurance Times "The panellists listed different strategies broker entrepreneurs could adopt to plug mid-market gaps: 1). Buying and building lower cost broking businesses around the £1m and £2m value mark 2). Individuals leaving bigger broking firms to set up their own companies" I'm really glad this is happening! This is exactly why we set up the Ignition accelerator program at Ignite (a Verisk business): so that individuals with insurance experience can start up a new brokerage with support on tech, regulation, capacity, and so forth. I also know a couple of brokerages that would be ideal acquisitions for bigger companies stuck with legacy systems but targeting growth. One speaker said: “I see quite a positive system that loves to regenerate". Hear hear! https://lnkd.in/eDJMMn9C? #insurance #insurtech #startup #insurancebrokers

As last year, I will be attending the Insurtech Insight Conference in London on the 20th and 21st of March. If any of you will be there, I would be pleased to meet you in person to share the event and discuss together about Innovation and Insurance #Insurtech #InsuranceTechnology #Fintech #InsuranceInnovation #DigitalInsurance #InsurtechStartups #InsuranceDisruption #InsurtechTrends #InsuranceIndustry #InsurtechSolutions

As more businesses are coming under financial pressure, making sure your startup is adequately covered is more important than ever, particularly if you're scaling fast! 🏎️ In this article, we’re addressing the problem of underinsurance, including:  👉 How a startup becomes underinsured 👉 The consequences of underinsurance  👉 Making sure you’re adequately protected   Get clued up through the link below 👇 #costofliving #underinsurance #insurance #capsule #nextlevelthinking 

As more businesses are coming under financial pressure, making sure your startup is adequately covered is more important than ever, particularly if you're scaling fast! 🏎️ In this article, we’re addressing the problem of underinsurance, including: 👉 How a startup becomes underinsured 👉 The consequences of underinsurance 👉 Making sure you’re adequately protected Get clued up through the link below 👇 #costofliving #underinsurance #insurance #capsule #nextlevelthinking

Funding in the global InsurTech sector fell below $1 billion in 2023 for the first time in three years, according to a report by Gallagher Re. Why is this? In a thought-provoking data analysis by Frances S. at Insurance Post, our CEO Andy Moss explored why InsurTechs have struggled to secure investment and how this could change. The tough economic climate in the last couple of years has led to less capital available to investors, and because of this, investors have become more selective in the funding they provide. One area that's attracting increased investment is pre-bind technology as insurers realise the tangible business benefits to be had in evolving #underwriting processes. As a result of this, Andy finished: "Where they [insurers] go, investors will surely follow." What are your thoughts? Read Andy Moss's discussion and the analysis in full here: https://lnkd.in/eZcSgAEa #Investment #InsurTech #Digitisation

Highlighting why Loro Insurtech Inc. is the first FREE insurtech and why speed to market matters.. 💡 Try Loro and de-risk your tech journey 💡 Reach the distribution you need today 💡 All with no up-front investment #itc2023 #insurance #insurtech

Next Insurance, a US-based insurer specializing in technology-driven solutions for small businesses, secured $265 million in funding. The company plans to utilize the funds to expedite its journey towards profitability and further extend its distribution initiatives across the entire nation. Under the leadership of CEO Guy Goldstein, Next Insurance offers small and medium-sized businesses (SMBs) easily accessible insurance policies, including round-the-clock availability of Live Certificates of Insurance and additional insured options. The company leverages AI and machine learning to streamline the purchasing process and offer cost-effective coverage. With a user base exceeding 500,000 business owners, their products have gained substantial traction. For more information-https://lnkd.in/dsckJ_HE #FintechBuzz #SmallBusiness #InsuranceTechnology #SMBInsurance #TechInnovation #ArtificialIntelligence #MachineLearning #FinancialServices #StartupNews #Funding #Entrepreneurship

💼 From startups to established enterprises, knowing your #business #insurance needs is key. 🛡️ Explore the 9 types of Insurance you might need! #InsuranceInsights Read More: https://bit.ly/3wvDg3R