I think that most of the insure techs will end up being bought by large companies for their technical staffs and systems rather than for any business they generate. Larger insure techs that have some great technology may face a challenge in their valuation if their books are too large and losses too large.
The destiny of Lemonade will be interesting to watch. I would guess that a large carrier will end up picking them up for a very cheap price.
I think that most of the insure techs will end up being bought by large companies for their technical staffs and systems rather than for any business they generate. Larger insure techs that have some great technology may face a challenge in their valuation if their books are too large and losses too large.
The destiny of Lemonade will be interesting to watch. I would guess that a large carrier will end up picking them up for a very cheap price.