Exits

Hippo snaps up another $350m as the InsurTech industry seems to be reaching new...

Hippo is having a great 2020, having officially secured its unicorn status this summer and it now bagging a $350m investment just as the InsurTech industry seems to be recovering from a previous slump.

Root launches its IPO with shares priced at $27 each

Root, the parent company of digital car insurance platform Root Insurance, launched its initial public offering and its shares exceeded expectations.

Root Insurance files for IPO

Hot on the heels of Lemonade's IPO this summer, Root has now added its name to the list of InsurTechs going public in 2020.

Private equity firm Clearlake Capital acquires InsurTech startup Zywave

Private equity firm Clearlake Capital has acquired software-as-a-service provider of front office insurance solutions Zywave from Aurora Capital Partners.

UK InsurTech Brolly has been acquired by Direct Line Group and will be shutting...

Having kicked off its journey four years ago, UK-based InsurTech startup Brolly is now closing its books after being acquired by Direct Line Group.

Lemonade’s shares soared more than 138% in its first day of trading publicly

InsurTech Lemonade has started trading after a much anticipated initial public offering (IPO) and the debut has so far proven a hit.

Why it matters that InsurTech unicorn Lemonade has raised the price range for its...

A lot of InsurTech stakeholders are watching Lemonade's upcoming initial public offering (IPO) with great interest, so they have no doubt noted that its upcoming listing will be more expensive than expected.

What does Lemonade’s upcoming IPO mean for the rest of the InsurTech industry?

Last week it was revealed that InsurTech scaleup Lemonade is planning to go public, but the question is what it will mean for its...

Lemonade releases IPO filing with $100m target

Online insurance company Lemonade postponed its initial public offering (IPO) last year after WeWork’s attempt imploded, but now it seems like the InsurTech has changed its mind.

The coronavirus represents a “return to chaos” that could benefit FinTech companies

COVID-19 has plunged financial markets into chaos, but the pandemic also represents both challenges and opportunities for FinTech companies as they adjust to a whole new reality.

News Stories

OpenRoad Insurance partners with Majesco to revolutionise collector vehicle insurance

OpenRoad Insurance partners with Majesco to revolutionise collector vehicle insurance

OpenRoad Insurance, an emerging collector vehicle insurer, has teamed up with Majesco, a renowned provider of cloud insurance platform software. Majesco announced that OpenRoad Insurance...
Stellantis and bolt drive customer choice with new embedded insurance program

Stellantis and bolt drive customer choice with new embedded insurance program

Stellantis Financial Services US and bolt have embarked on a strategic partnership to revolutionize the automotive insurance sector.

Karl Canty joins Capco as the new driving force in US Insurance

Capco has announced the appointment of Karl Canty as a new Partner within its US Insurance practice, based in Hartford, Conn.

Guidewire to enhance Columbia Insurance’s operations with cutting-edge tech

Columbia Insurance and Guidewire have partnered, with Columbia selecting Guidewire Insurance Suite as their next-generation platform to serve their customers.
Sonnet to phase out auto insurance in Alberta, continues other services

Sonnet to phase out auto insurance in Alberta, continues other services

Sonnet Insurance Company has declared its intention to exit the auto insurance sector in Alberta after a detailed analysis of its operations within the province.

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