Regulation and the path to green finance

Regulation and the path to green finance

Despite its promise, if not its necessity, the green fintech space is still just a fraction of the larger banking and financial ecosystem. This partially stems from the need to innovate and market an entirely new kind of finance, but it’s also the result of government inaction—and, sometimes, deliberate sabotage.

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Turning alternative data into trust with Credit Karma

Turning alternative data into trust with Credit Karma

In a conversation with The Financial Revolutionist, Credit Karma’s GM of Insurance, Rory Joyce, explains Credit Karma’s vision for insurance, outlines its marketing and sales strategies, and considers the difference between cross-selling and comprehensive coverage.

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The death of the starter home

The death of the starter home

Reporting by the New York Times suggests the US housing market faces a severe shortage of affordable single-family homes. Zoning regulations, land costs, and housing investment are core variables affecting the price and diversity of housing stock.

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In Indonesia, an insurtech doubles down on offline sales

In Indonesia, an insurtech doubles down on offline sales

In an interview with Rest of World, Cleosent Randing, CEO and Founder of Indonesian insurtech PasarPolis, described the startup’s partnerships with mom-and-pop store owners to sell insurance. The strategy let the company sell five times as many policies as it had previously through insurance agents alone.

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Hurricane Ian and the future of property insurance

Hurricane Ian and the future of property insurance

Rampant roofing scams have caused a property-insurance crisis in Florida. The industry’s net losses in the state were more than $1B in 2021.

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New bill may solidify desktop appraisal demand

New bill may solidify desktop appraisal demand

Last week, the US House of Representatives passed a bill that would direct the Department of Veterans Affairs to allow for desktop appraisals and waivers of appraisals. The bill has yet to be discussed in the Senate.

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Empowering insurance agents with Afficiency

Empowering insurance agents with Afficiency

In an interview with The Financial Revolutionist, Ryan Toner, EVP of Sales at Afficiency, explains what caused insurtechs to pivot back to agent models, outlines the ways technology can help agents sell to consumers, and describes the future of tech-driven life insurance.

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Could insurance providers be Peloton’s lifeline?

Could insurance providers be Peloton’s lifeline?

UnitedHealthcare announced that it’s expanded its partnership with Peloton, the fitness platform. The health insurer’s 10 million commercial members can now receive a free yearlong subscription to the Peloton app.

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Insurtechs eye, move into nascent markets

Insurtechs eye, move into nascent markets

According to reporting by TechCrunch, a new wave of insurtechs are specializing in niche, burgeoning markets. Boundless Rider, for example, covers motorcycle, e-bike, and power sport vehicle riders; and CoverTree covers manufactured homes.

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Growing insurance connections with bolt

Growing insurance connections with bolt

In an interview with The Financial Revolutionist, bolt CEO Jim Dwane details bolt’s growth strategy, highlights bolt’s value proposition, and shares his view on bolt’s future.

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What’s a likely exit strategy for lagging insurtechs?

What’s a likely exit strategy for lagging insurtechs?

Most insurtechs are trading at 80% below their 52-week highs, according to Alex Agus, an investor with Avid Ventures. Companies like Bright Health, Oscar Health, and Lemonade may look to be acquired.

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African fintechs smashed fundraising records in 2021

African fintechs smashed fundraising records in 2021

African startups raised between $4.3B and $5.2B in 2021. Between 53% and 62% of that funding went to fintech.

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ICYMI: Lemonade to acquire fellow insurtech Metromile

ICYMI: Lemonade to acquire fellow insurtech Metromile

Lemonade, the publicly-traded insurtech firm that offers insurance for renters, homeowners, pet owners, and (very recently) car insurance, this week announced that it’s planning to acquire Metromile for $500M in stock.

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Health insurer Aetna to go paperless and add digital payments

Health insurer Aetna to go paperless and add digital payments

From September 2022 onwards, Aetna is getting rid of paper-based explanations of benefits and checks in an effort to go digital, the insurer wrote in an October newsletter.

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Ally Financial taps insurtech Hippo on home-insurance offering

Ally Financial taps insurtech Hippo on home-insurance offering

Ally Financial entered into a partnership with Hippo, an arrangement that would allow it to offer home insurance to its customers.

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