Mirroring client operations with Archipelago
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According to Hemant Shah, Archipelago’s CEO and Co-Founder, the need for commercial property risk-management solutions is threefold.
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Fintech News Stories
Growth through alt data and compliance with Cowbell
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In a conversation with The Financial Revolutionist, Cowbell Chief Strategy Officer Matthew Jones describes Cowbell’s bread and butter, compares their regulatory obligations to those of B2C insurtechs, and considers the future of insurance and security.
Read MoreTurning alternative data into trust with Credit Karma
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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.
Read MoreThe death of the starter home
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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.
Read MoreIn Indonesia, an insurtech doubles down on offline sales
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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.
Read MoreNew bill may solidify desktop appraisal demand
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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.
Read MoreEmpowering insurance agents with Afficiency
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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.
Read MoreCould insurance providers be Peloton’s lifeline?
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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.
Read MoreInsurtechs eye, move into nascent markets
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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.
Read MoreGrowing insurance connections with bolt
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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.
Read MoreMeta eyes Instagram payments as gateway to metaverse
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Meta, the parent company to Facebook and Instagram, announced the launch of its cross-platform payments system, Meta Pay, on Instagram. Meta said that 1 billion users message a business on one of its apps every week.
Read MoreAre we seeing the rise of subscription-driven healthcare?
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Amazon announced that it’s acquiring 1LifeHealthcare Inc., the parent company of primary-care network One Medical, for $3.9B. The health practice has 180 offices and offers benefits to employees at more than 8,000 companies.
Read MoreInsurtech in a bear market with MTech Capital
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In an interview with The Financial Revolutionist, Brian McLoughlin, Partner and Co-Founder of MTech Capital, details upcoming fundraising challenges, discusses the likelihood of major acquisitions, and describes why insurtech remains a promising site for investment.
Read MoreWhat’s a likely exit strategy for lagging insurtechs?
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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.
Read MoreIndian gov-owned LIC eyes IPO
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India’s state-run Life Insurance Corporation (LIC) announced yesterday that it would sell 5% of its shares to raise $8B. If approved, it would be the largest IPO in the country’s history.
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