Insurance Underwriting

Insurance Provider Lemonade Offers Stock in IPO

There aren’t many trillion-dollar industries, let alone multi-trillion-dollar industries. One of the biggest industries in the world, insurance – property, casualty, and life – premiums amount to approximately $5 trillion globally, accounting for 11% of gross domestic product in the United States. We previously discussed how technology is reshaping the insurance industry and today we’re […]

The Cheapest Car Insurance for Good Drivers

Warren Buffet’s success can largely be attributed to the insurance industry, the engine that consistently propelled the expansion of Berkshire Hathaway since 1967. The premise is quite simple. People pay insurance premiums which then get set aside into a pool of money called a “float” that insurance companies can then invest. That float is a free loan […]

Life Insurance for Healthy People Like Runners

Think about asking someone you trust to do something important when you die. Unless this person really, really cares about you, what are the odds they follow through with what you asked them to do once you’re dead? Now think about asking a corporation – who lists you in their system as a number – […]

9 Insurance Startups Improving Underwriting

One reason Warren Buffet likes the insurance industry is because of the “float”, a term that refers to the amount of money an insurance company has taken in but not yet paid out in claims. “Float” acts as a free loan that can be used for safe investments that only need to be cashed out when a claim […]