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Fintech Focus For June 14, 2021
Sunday, June 13, 2021 - 10:13pm | 1829Read More...Quote To Start The Day: "[C]ost-push inflation will be the primary driver of inflation through the remainder of this year and into next. The Fed is betting on this, but if it is wrong, it will be because a wage-price spiral developed, although that is unlikely to occur until the economy has...
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5 InsurTech Trends To Follow In 2021
Tuesday, April 6, 2021 - 8:57am | 1927Read More...The insurance industry isn't exactly synonymous with “cutting edge,” but that’s changing thanks to modern technology. Insurtech is completely upending the way the insurance companies operate and how consumers access coverage. Experts have several predictions for what 2021...
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3 Stocks At 52-Week Lows That Could Bounce
Wednesday, March 24, 2021 - 3:13pm | 671Read More...An important indicator for investors to consider could be a stock's 52-week trading range, which shows the lowest and highest price at which a particular stock has traded over the last 52 weeks. Here is a look at three stocks at 52-week lows that could bounce. American Well:...
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Why The Insurance Industry's Digital Future Is Set To Explode — In A Good Way
Tuesday, March 23, 2021 - 12:46pm | 562Read More...The pandemic has facilitated the digital transformation of the global economy, and the insurance industry may be the next major market that’s ripe for disruption. Updating The Insurance Industry: Today, the insurance business is one of the most convoluted and complicated businesses in the...
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Fintech Focus For March 22, 2021
Sunday, March 21, 2021 - 9:38pm | 1881Read More...Quote To Start The Day: “I didn’t come into this job expecting a 9am-5pm’s, but I also didn’t expect consistent 9am-5am’s either.” Source: Goldman Analyst One Big Thing In Fintech: To keep up with emerging technology, self-made billionaire Mark Cuban is always...
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How The COVID-19 Pandemic Shifts Insurtech Investment Priorities
Friday, March 19, 2021 - 7:52am | 493Read More...The pandemic has had a dramatic impact on the entire economy, and the insurance business is no exception. The socially distanced environment has forced many insurers to focus on technology that can help customers purchase insurance, interact with their policies and file claims online, according to...
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Fintech Focus For March 15, 2021
Sunday, March 14, 2021 - 7:50pm | 1808Read More...Quote To Start The Day: The first step is you have to say that you can. Source: Will Smith One Big Thing In Fintech: The fintech space is rapidly maturing. Investors are backing huge deals, with Q1’21 already setting the record for total mega-rounds in a quarter. It has also seen the highest...
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Insurtech Hippo Aims For Public Markets With SPAC Merger
Thursday, March 4, 2021 - 4:48pm | 351Read More...Hippo Enterprises Inc., a Palo Alto, California-headquartered insurtch, is merging with the special purpose acquisition company Reinvent Technology Partners Z (NYSE: RTPZ) with the goal of becoming publicly traded. What Happened: Hippo was launched in 2015 and offers products through its...
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Fintech Focus For February 3, 2021
Tuesday, February 2, 2021 - 8:18pm | 2714Read More...Quote To Start The Day: To better align our incentives with those of our members, we will stop participating in the practice of Payment for Order Flow. Source: Public.com One Big Thing In Fintech: An “anonymously” led startup called Millions has raised a $3 million seed round...
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Bestow CEO Talks Booming Insurtech Business, Transformative Centurion Acquisition
Monday, December 14, 2020 - 12:07pm | 613Read More...Earlier this month, digital life insurance platform Bestow took a big step in expanding its carrier business nationwide by acquiring Centurion Life Insurance Company from Wells Fargo & Co (NYSE: WFC). Prior to the deal, Dallas-based Bestow was a licensed carrier in the state of Texas and third-...
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The Next Big Thing: Insurtech Metromile To Go Public Via SPAC, Expand Licensing Business
Friday, November 27, 2020 - 10:35am | 675Read More...Metromile, an insurance-focused fintech powered by data science and machine learning, on Tuesday, formally announced its intent to go public. As part of the development, Benzinga chatted with Metromile communications director Rick Chen. About Metromile: Founded in 2011, Metromile caters to non-...
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Fintech Focus For August 21, 2020
Thursday, August 20, 2020 - 6:19pm | 2298Read More...Quote Of The Day: Always remember that you are absolutely unique. Just like everyone else. - Margaret Mead Fintech Movers: Insurtech startups are adding pressure to traditional insurance outfits in Asia Pacific (APAC) and beyond – both will likely need cloud adoption to survive long-term. -...
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10 Chicago Insurtech Firms That Could Win Big At The Benzinga Fintech Awards
Tuesday, July 7, 2020 - 2:58pm | 1099Read More...Of all the opportunities in fintech, insurance technology might be the biggest. The $1-trillion insurance sector has remained stagnant for decades, but a few companies in Chicago are making tremendous plays to shake it up. These 10 insurtech companies from the Windy City are top...
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Benzinga Global Fintech Award Winner CoverWallet Acquired By Aon
Wednesday, November 27, 2019 - 4:11pm | 439Read More...Aon PLC (NYSE: AON), a global professional services firm, announced an agreement Nov. 20 to acquire CoverWallet, a New York startup specializing in digital insurance for small- and medium-sized enterprises. In 2017, CoverWallet won Best Insurtech Solution at the Benzinga Global Fintech Awards....
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How Did A Startup Get Jay-Z And Kevin Durant Excited About Life Insurance?
Wednesday, November 21, 2018 - 2:55pm | 603Read More...The Benzinga Fintech Focus Podcast took a brief detour last week into the world of term life insurance. This week’s episode features an interview with Peter Colis, founder and CEO of Ethos, a startup looking to change the way consumers buy term life insurance policies. Ethos has raised over $...
