It’s the best of both worlds – digitally native yet backed by a company trusted for years: CEO.
Big tech routes via Google, Facebook et al. may be ‘least horrible channel’ there is.
Recent M&A target Metromile sports half the coverage; policies for integration in 2023.
Insurtech ups profit target in peak loss period even while adding in loss-making Metromile.
The deal aims to bolster its data science capabilities and fuel expansion into new markets.
Insurtech says he ‘played a make-or-break role’ and scrutinised business in its early days.
Disruptive insurtech Lemonade strikes $0.5bn deal for Metromile to target ‘vast and competitive’ auto market
The AI-driven company is eyeing expansion in the ‘vast and competitive’ auto insurance market.
The appointee will share the chief executive position alongside Daniel Schreiber.
The AI-powered insurer brings in new blood with financial and tech disruption experience.
The company plans to use its net proceeds for general corporate purposes and future acquisitions/investments.