New insurance companies
Here are some new insurance companies that have emerged in recent years:
- Lemonade (2016): A peer-to-peer insurance company that uses artificial intelligence and machine learning to provide personalized insurance policies.
- Next Insurance (2016): A digital insurance company that offers affordable and customizable insurance policies for small businesses and individuals.
- Hippo (2015): A home insurance company that uses data and AI to provide personalized insurance policies and offer discounts for safe homeowners.
- Cuvva (2015): A UK-based insurance company that offers flexible and affordable car insurance policies for short-term periods.
- GigWerk (2017): A digital insurance company that offers on-demand insurance policies for freelancers and independent contractors.
- Berkshire Hathaway GUARD (2017): A new insurance company formed by Warren Buffett's Berkshire Hathaway and GUARD Insurance Group.
- Root Insurance (2015): A car insurance company that uses telematics and AI to offer personalized insurance policies and discounts for safe drivers.
- Kin Insurance (2016): A digital insurance company that offers affordable and customizable insurance policies for homeowners and renters.
- Jewel (2018): A digital insurance company that offers affordable and customizable insurance policies for small businesses and individuals.
- Acko (2019): A digital insurance company that offers affordable and customizable insurance policies for e-commerce businesses and individuals.
- Cognizant (2019): A digital insurance company that offers AI-powered insurance policies for individuals and businesses.
- Happify Health (2019): A digital insurance company that offers mental health insurance policies and wellness programs for individuals and employers.
These are just a few examples of new insurance companies that have emerged in recent years. There are many more startups and established companies that are innovating in the insurance space.