Telematics deployment could put Root on road to success: Carbone A past industry critic of Root has shifted to a more optimistic view of the company’s future.
Root Insurance Company reports near-$50mn Q3 loss New filings show the InsurTech is expanding far faster than either Lemonade or Metromile but its losses have almost doubled.
Munich Re-backed Vouch raises $45mn and launches in California The company has raised $70mn since it was founded less than a year ago.
Aon to acquire InsurTech CoverWallet The purchase reflects the broker’s stated acquisition strategy of buying complementary businesses and services and of expanding digitally.
InsurTechs report (re)insurance capacity squeeze Surround executive Kate Terry blamed the capacity drought on an earlier generation of start-ups during an event in New York.
