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VCs love insurance, even if you dont

Joanna Glasner is a reporter for Crunchbase. More posts by this contributor: Not a minimalist? Startups will gladly store, manage and deliver your items The state of the unicorn Most people hate shopping for insurance, and they dont enjoy talking about it either. Thats probably why youre unlikely to hear about the […]

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The Lemonade insurance social experiment results in $53K donation in year one

Lemonade has raised $60 million to date with the thesis that insurance companies can cut costs and automate more of their processes if they can somehow incentivize users to act less selfishly and commit less fraud. Traditionally insurance companies take the spread between premiums and claims as profit, but Lemonade […]

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Oscar Health rolls out its small business product Oscar for Business

Oscar Health, a startup rethinking health insurance for the digital age, is rolling out a new product for small businesses called reportedly lost $128 million in the first three quarters of last year and was downfailed to gain consensus on a bill to repeal President Obamas legislative legacy, our current […]

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