{"id":711,"date":"2021-09-25T07:04:04","date_gmt":"2021-09-25T11:04:04","guid":{"rendered":"https:\/\/www.wikifri.com\/?p=711"},"modified":"2021-09-25T07:04:04","modified_gmt":"2021-09-25T11:04:04","slug":"3-things-just-insure-insurance-talent-challenges-lemonade-car-9-24-2021","status":"publish","type":"post","link":"https:\/\/www.wikifri.com\/3-things-just-insure-insurance-talent-challenges-lemonade-car-9-24-2021\/","title":{"rendered":"3 Things – Just Insure, Insurance Talent Challenges & Lemonade Car – 9\/24\/2021"},"content":{"rendered":"

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Hi All!\u00a0 This week we are following Just Insure, Insurance Talent Challenges and Lemonade Car.\u00a0 Only two weeks until ITC 2021, we are busy planning our agendas and hope to connect with you if you are going.\u00a0 Here are the three things we learned:<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

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Another Pay-Per-Mile Insurer<\/strong><\/p>\n

Just Insure<\/a>, a pay-per mile startup,\u00a0announced an $8M raise<\/a>\u00a0to bring the total amount raised so far to $15.3M.\u00a0 While not splashy, it is interesting to see them evolve as a growing concern.\u00a0 They are smaller and less mature but apparently are focusing on loss ratio among other things to ensure a healthy book of business.\u00a0 Their social messaging and tech presence may also help them emerge to challenge Root, Metromile and others.<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

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The Insurance Talent Squeeze<\/strong><\/p>\n

Talent in the insurance industry has been an area of growing challenge.\u00a0\u00a0Executives discussed topics<\/a>\u00a0including, remote work and return to the office, retiring baby-boomers and how the industry will adapt to try to attract college graduates.\u00a0 As the industry moves toward the future it will be important to figure out these challenges and hire the next generation of insurance talent.<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

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Lemonade Car Details Emerge<\/strong><\/p>\n

For the second week in a row Lemonade’s product innovation makes our list.\u00a0 We have been following the launch of Lemonade Car.\u00a0 It appears they have taken their time to get it right.\u00a0 The product is filed in several states and will leverage\u00a0app-based telematics<\/a>.\u00a0 Instead of building their own, they will leverage leading telematics providers.\u00a0 The product has other unique features like ‘try before you buy’.\u00a0 It is becoming a crowded space but brand differentiation and segmentation can allow them to gain share.<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

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Thank you for following us, we appreciate your feedback and continued support.\u00a0 Stay productive, stay safe and stay in touch!<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Hi All!\u00a0 This week we are following Just Insure, Insurance Talent Challenges and Lemonade<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"\n3 Things - Just Insure, Insurance Talent Challenges & Lemonade Car - 9\/24\/2021 - Wikifri<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wikifri.com\/3-things-just-insure-insurance-talent-challenges-lemonade-car-9-24-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"3 Things - Just Insure, Insurance Talent Challenges & Lemonade Car - 9\/24\/2021 - Wikifri\" \/>\n<meta property=\"og:description\" content=\"Hi All!\u00a0 This week we are following Just Insure, Insurance Talent Challenges and Lemonade\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wikifri.com\/3-things-just-insure-insurance-talent-challenges-lemonade-car-9-24-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Wikifri\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-25T11:04:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wikifri.com\/wp-content\/uploads\/2021\/04\/Three-Things-300x157.png\" \/>\n<meta name=\"author\" content=\"Nick Coenen\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nick Coenen\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.wikifri.com\/3-things-just-insure-insurance-talent-challenges-lemonade-car-9-24-2021\/\",\"url\":\"https:\/\/www.wikifri.com\/3-things-just-insure-insurance-talent-challenges-lemonade-car-9-24-2021\/\",\"name\":\"3 Things - 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