"This is a textbook private equity move that demonstrates how today's insurtech is business-savvy, just as much as tech-savvy," said Eric Ayala of insurance software provider Novidea. "It should be a wake-up call to the larger insurance players. While the Progressives of the world are making fun commercials, Lemonade is making serious moves." (Credit: ©rudall30)
The future winners in the insurtech space are starting to become clearer as a combination of business smarts, financial resources and stronger leadership are allowing some of these tech-forward companies to pull ahead of the pack.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
