Lemonade acquires Metromile to boost automotive offering
Metromile's auto insurance offerings are informed by a decade's worth of data, which should improve the quality of the newly-introduced product, Lemonade Car.
‘Beware of the hype’ says German regulator BaFin on ‘astonishing’ insurtech investment
The huge sums being invested in insurtech have yet to disrupt the insurance sector in the same way that fintechs have changed banking, says Germany’s BaFin markets watchdog.
Digital insurance platforms could be worth $169 billion by 2026
The insurance industry is said to lag in the era of digitalisation. Insurers were told to ramp up digital efforts in order to meet rising demand during the pandemic – and it turns out this was the push they needed…