In a week highlighted by an election like no other… The three things we learned include insights on this election’s impact for insurance, state of commercial markets and an interesting funding round for an Insurtech:
- The election results have the insurance industry feeling some relief that regulation won’t change drastically. The divided government that appears certain even while we await a confirmation of the POTUS winner bodes well for no changes and financial markets in general.
- While the economy is showing signs of recovery there are new normals that will affect the commercial market. All of this with the backdrop of Q3 rates rising as expected.
- Ushur completes a $25M Series B round of funding. We have previously noted the difficulty startups have in funding beyond early stage. A good breakthrough for them on the path to growth. We believe the industry is in need of ‘intelligent automation’ solutions.
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