Root

The sector was hit by a rough first half of 2022, with more to come in the second half of the year.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

The CEO of one of Europe’s largest online pharmacies will serve on the company’s audit, risk and finance committee to fill the seat of recently departed director Elliot Geidt.

Embedded insurance can help sidestep some of the challenges faced by InsurTech 1.0.

Companies that had easily lured investors with major premium growth are now scrambling to prove their fundamentals work, and are sitting out fundraising to avoid a down round.

The personal auto writer’s partnership with the digital dealership should serve as a warning for other InsurTechs.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

The executive, currently managing director of VC firm Redpoint Ventures, was a member of the firm’s board since 2018.

The company aggressively moved to reduce capital consumption, tighten its underwriting and take rate action in the first quarter of 2022.

Root implemented 18 rate increases year-to-date with a weighted average rate of roughly 19%.

March’s CPI report shows elevated inflation levels, including vehicle CPI of 10.5% and average used car price increase of 24.7%.

Following the acquisitions of Trov and Insureon, what InsurTech M&A deals are next?