Recent News and Discussions About Insurtech Layoffs
Do Insurtech layoffs reflect industry-wide slump?
https://insurtechdigital.com/insurtech/do-insurtech-layoffs-reflect-industry-wide-slump
Jun 10, 2022 — Earlier this week, insurtech leader Policygenius let go 25% of its staff in a bid to reduce costs. According to reports, US technology and …
Insurtech Policygenius cuts 25% of staff, less than 3 months …
Insurtech Policygenius cuts 25% of staff, less than 3 months after raising $125M
Jun 2, 2022 — Policygenius — an insurance technology startup — has laid off about 25% of its staff, or 170 people.
Insurtech Trend? Next Insurance, Thimble Announce Layoffs
7 days ago — Israeli insurtech Next Insurance is laying off 150 employees, which make up some 17% of the company’s workforce. Most of those being laid …
Insurtech unicorn Next Insurance nixes 17% of workforce | Ctech
https://www.calcalistech.com/ctechnews/article/byybineic
Jul 7, 2022 — Israeli insurtech unicorn Next Insurance is laying off 150 employees, which make up some 17% of the company’s workforce.
InsurTech layoffs mark a pivot from ‘growth at all costs’ to ‘cash …
https://www.insidepandc.com/article/2acrbgch0aa4ygjd28qv4/industry-wide/insurtech-layoffs-mark-a-pivot-from-growth-at-all-costs-to-cash-is-king
2 days ago — Names such as Next Insurance , Policygenius and Root have all announced layoffs to rein in expenses in worsening economic conditions.
Next Insurance reduces staff by 17% as InsurTech layoffs …
https://www.insidepandc.com/article/2abv69rta6xvulnedwjk0/industry-wide/next-insurance-reduces-staff-by-17-as-insurtech-layoffs-perpetuate
Jul 7, 2022 — “I was part of the 17% layoff at Next Insurance ,” another employee wrote. “Though I am deeply saddened to be leaving my NEXT home, a home I’ve …
CyberCube shrinks workforce as insurtech job losses mount
https://www.theinsurer.com/news/cybercube-shrinks-workforce-as-insurtech-job-losses-mount/23795.article
Jul 7, 2022 — According to sources, the layoffs occurred around three weeks ago and have been common knowledge among some pockets of the cyber insurance …
Small business insurtech Next Insurance lays off 17% of …
https://www.theinsurer.com/news/small-business-insurtech-next-insurance-lays-off-17-of-workforce/23796.article
Jul 7, 2022 — SME business insurance -focused insurtech Next Insurance has become the latest player in the sector to make significant layoffs , …
Selected Covid-19 Insurtech Layoffs
https://insurtechadvisors.com/selected-covid-19-insurtech-layoffs/
Name What they do Employees Impacted Oscar Oscar is a digital‐first health insurance company 1,400 70 Enigma Technologies Enigma provides alternative small business data 85 34 View 18 more rows
US insurtechs undertake layoffs – insuranceNEWS.com.au
https://www.insurancenews.com.au/insurtech/us-insurtechs-undertake-layoffs
5 days ago — Texas-based life insurance insurtech Bestow laid off around 14% of its workforce – or 41 employees – in June, according to local media, …