A sea change in how we find and feel about insurance

Embedded insurance — the creation, sale, or enrichment of an insurance product by a non-insurance entity — is now becoming a defining theme of innovation in the industry. The ability to leverage the brand and data of companies closest to customers, bundle products to add retention and revenue, and solve distribution inefficiencies has enabled a new way for insurance products to live and thrive.

While the changes are early and interrelated with larger movements in embedded finance, the contours of embedded insurance have emerged distinctly in the following five areas.

I. Point-of-sale bundling and cross-selling

Embedded insurance began with the…


What this week’s short squeezes and broker freezes reveal about us and the systems we live in

This week has been momentous. Led by a small community on Reddit (r/wallstreetbets), retail investors triggered a “short squeeze” on hedge funds and their partners who were heavily shorting Gamestop ($GME), AMC ($AMC), and a few other stocks. The results were staggering:

  • Gamestop, which was trading at $19.95 on January 12 and $76.79 on January 25 reached a high of $483 and settled at $311 by the end of Thursday (up 631% on the week alone). Currently it is at around $330.
https://www.nasdaq.com/market-activity/stocks/gme
  • Melvin Capital, a multi-billion dollar hedge fund that invested big in these shorts, lost so precipitously that it…


How Fortune 1000 companies are experiencing AI’s golden age

It’s hard to quiet noise in the understanding of artificial intelligence. The effects novel research and innovation could have or are having in this field are often described in general and absolute terms. Partly, as a recent call from scientists working on AI and cancer care elucidates, this opacity owes to uncollaborative tendencies at a technical level. Clarity requires openness, to fact-check our own ideas and build on those first reached by others. …


Growing up, I was amazed to see the community my parents had built, brick by brick, person by person. Social bonds they had created and kept with friends from college, relatives, others who had immigrated to the U.S., neighbors from the condo I called my first home. Community was cultivated at the Gurdwara in Fremont, CA that they brought me along to almost weekly. And it was created across many different languages and colors for the people they came across at work. …


The best public speaker I’ve seen in my life is someone I went to high school with. He was charismatic, positive, and funny, and he wore a scarf almost every day (even when it didn’t suit California weather). He was raised by a single mother, and for a number of years lived with her in their car. He was humble, generous in his mentorship, and stuck around after school most days. Partly, I imagine because he enjoyed community. But also probably because school, as a physical site, was a refuge from the inequality outside. …


There’s been growing research for some years that the American Dream, which at its core is a journey of upward mobility, is fading away. COVID-19 accelerates that dissipation even more. Thus far, the disease has triggered a recession in the US (which the National Bureau of Economic Research officially recognized this week), will cause 100,000 restaurants to permanently close, and prevent real GDP from surpassing its 2019 level until late-2021 or beyond.

Without comprehensive reforms and strategy shifts, the aftermath of this pandemic looks like a world where generational divides are wider, and inequality between classes, races, and genders even…


Over the past few weeks, more than 22 million Americans have filed for unemployment.

That’s roughly the same size as the number of jobs that have been created over the past decade. Current real unemployment rate is estimated to be around 18%, and may well worsen over the coming months. Amid all this upending of stability and livelihoods, we can find a silver lining (if we really squint) in startups who are launching products and initiatives to help restore some opportunity. A few trends and exemplars:

Hiring Displaced Workers

As mass layoffs have occurred, several startups have scaled up or…

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