Search Results for: insurtech

From 2.0 to 3

Warren Buffett just announced that Berkshire Hathaway will be introducing a new small business policy that includes property, business income, general liability, professional liability, D&O, cyber, auto, and workers compensation coverage in a policy form that is…get this…JUST 3 PAGES long. Uh oh, here we go again.

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Good Grief!

Insurtechs seem to be focused on what consumers want (fast/easy/cheap) rather than what they need. Why don’t they ‘get’ it?

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What’s So Funny?

A consumer asks, “Why do all of these insurance companies try to out-funny each other in their TV ads?” Why, indeed?

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Fast, Easy and Cheap

A online insurance premium comparison web site did an “experiment” quoting renters insurance at ten web sites. The “winners” were insurtech startups that provided quotes in about 1 minute. But what might consumers get, or not get, in exchange for fast, easy and cheap?

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Reverse Engineering: Making Lemons from Lemonade

Lemonade has proposed what they call Policy 2.0, a renters policy written in easy to understand simple English that is “fun” to read. Is it? Is it revolutionary or innovative? Or is it a resurrection of something the industry abandoned decades ago? And what is Lemonade’s real motive?

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