InsurTech

Lemonade published its S-1 on Monday, kicking off its IPO. We review three key discernable questions on what we assume is a business model hidden within hundreds of pages of Silicon Valley buzzwords.

InsurTech details fac, proportional and per-risk cover in IPO filing.

The company, which shelved tentative IPO plans last year, said the offering is subject to market conditions.

Yesterday Blackboard declared victory in its mission to disrupt insurance, and in a final glorious triumph announced it would be closing permanently.

Pie split its investors into two groups: growth-hungry VCs and those investors prepared to finance a balance sheet.

Root grew gross written premiums by 85 percent in Q1 to $144mn, according to statutory filings.

CEO Macia said the closure was "not a criticism of our technology, team or mission".

The fronting carrier will allow the MGA to extend its geographical reach.

The Sirius-backed InsurTech will look to buy up shell entities to expand.

The InsurTech space is likely to see falling valuations and less availability of early-stage funding, panellists at InsiderTech London said.

The company digitalises the title underwriting and real estate settlement process using artificial intelligence.

Isaac Espinoza will also be tasked with exploring possibilities of Root writing reinsurance or retro business.