Let’s see what’s in the news today.
Lemonade’s stock crashes on 2024 forecast despite topping estimates
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The insurtech company’s stock plummeted by 25% at the opening of trading on Wall Street following its forecast of doubling marketing expenses and a deceleration in revenue growth
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Coverdash secures $13.5m in Series A to enhance embedded insurance
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Coverdash, a pioneering InsurTech firm focused on startups and small and medium-sized businesses (SMBs), has successfully raised $13.5m in Series A funding.
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How AI is Shaping the Future of Insurance with Marty Smuin, CEO of Arturo
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Discover how AI transforms insurance with Marty Smuin, CEO of Arturo, in this insightful podcast on risk management.
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Give us your nominations: CNBC is listing the world’s top fintech companies
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For a second year, CNBC and Statista are working together to identify the top global fintech names. We’re also opening nominations for the top insurtech firms.
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Exclusive | Guinness World Records: HSBC Life sells US$250m insurance policy to Asian client
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The sale to an Asian customer handily surpasses the US$201 million cover bought by a tech billionaire in California in March 2014. It was certified by Guinness World Records.
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