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Can AI do ugly?

10:00 am PST • January 27, 2024

Some thoughts on AI aesthetics, the challenge of uninsurability, and how to pitch a biotech startup to non-experts.

Can AI do ugly?

Allianz Direct, a digital-first German subsidiary of the insurance giant, has acquired the French home insurance business of ailing insurtech Luko for €4.3 million (around $4.65 million).

Luko’s acquisition won’t make everyone happy, but the insurtech will live on

While Luko could still sell itself, it seems less likely to receive a “very competitive offer.”

Will this former future unicorn be sold for parts?

Insurtech has had a rocky few years. Several startups in the space raised a lot of money and tried their luck on the public markets, but found that investors were…

AgentSync raises $50M more in a massive Series B extension

German insurtech company Getsafe is still bullish about direct-to-consumer insurance, but others are moving away from this business model.

In insurtech, too, business models aren’t one-size-fits-all

It’s not all rosy for companies that put growth first back when it was sexy to reach for the skies, and now find themselves in a market that favors a…

Unpacking the end of Luko’s solo journey in insurtech

The value of the global cyber insurance market reached $13.33 billion in 2022 and is projected to soar to $84.62 billion by 2030.

Cyber insurance audit: Painful necessity, or a valuable opportunity?

If you only tracked American insurtech companies that went public recently, you might think insurtech is in its flop era. Thankfully, that’s not true.

European insurtech is showing strength that venture data doesn’t fully detail

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Can insurtech recover from the ‘death of insurtech 1.0’?

Data for the year so far shows public insurtechs struggling and a sharp decline in venture capital flowing into the sector.

8:30 am PDT • July 18, 2023
Can insurtech recover from the ‘death of insurtech 1.0’?

The rise of FinOps already fueled multiple acquisitions, including IBM’s plan to acquire Apptio for a whopping $4.6 billion, but there’s more to come.

What do FinOps and parametric insurance have in common?

The usual corollary of risk is insurance against it; but when it comes to cloud downtime, the insurance sector hasn’t fully caught up yet. 

Everything you need to know about cloud outage insurance

How is the economy affecting insurance purchase decisions? Will this make B2B companies more appealing to VCs than their B2C peers?

Selling insurance is hard, but that’s not bad news for insurtechs

Insurtech companies can leverage data in this way to make the process more efficient for both the insurer and the insured.

Everything you need to know about parametric insurance

According to David Wechsler, a principal at OMERS Ventures, “having an embedded strategy is not required for venture funding.”

6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

On a surface level, usage-based insurance makes a lot of sense. But differentiating users also raises all sorts of questions on what’s fair, and where usage-based insurance is heading next.

Pay as you drive, or pay how you drive?

Embedded insurance — selling coverage at the same time as another product or service — is on the rise. Are investors bullish on the insurtech subsector?

Is investor bullishness on embedded insurtech warranted?

Seeing significant M&A activity and repricing in the public insurtech cohort left us wondering about their private peers: Are the same trends at play and to what extent?

8 investors weigh in on the state of insurtech in Q3 2022

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Why 2022 insurtech investment could surprise you

Insurtech startups that can retain a tech multiple have a shot at keeping their valuation intact; those that don’t may struggle.

9:07 am PST • February 4, 2022
Why 2022 insurtech investment could surprise you

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A quick check-in on the neoinsurance unicorn public meltdown

There was market expectation, perhaps, that the tech part of the tech startups building insurance products would have a faster and larger impact on their bottom lines.

10:28 am PST • January 5, 2022
A quick check-in on the neoinsurance unicorn public meltdown

In-home care is nothing new. In the 1930s, over 40% of physician-patient encounters took place in the home, but by the 1980s, that figure dropped to under 1%.

Back to the suture: The future of healthcare is in the home