The insurance industry, long perceived as a slow-moving behemoth, is experiencing a seismic shift thanks to the emergence of InsurTech companies. These tech-driven firms are revolutionizing the way insurance is bought, sold and managed, bringing unprecedented levels of efficiency, customer satisfaction and innovation to the...
Coming into the holiday-shortened trading week, the CE 100 Index lost 2.4%. All pillars posted declines for the week that ended May 24. Peloton helped bring the “Be Well” pillar down by 4.5%. The stock’s 19.6% loss came as the company announced a private offering of $275 million...
Porch Group has found that unique data provided by its home services software and partnerships has enhanced its underwriting of homeowners insurance and boosted its results. During the first quarter, the company reduced its GAAP net loss to $13.4 million, down from $38.7 million in first quarter of...
The end of earning season is in sight — the last slew of reports will appear through the next few weeks. And headed into the long President’s Day weekend, the CE 100 Index’s fortunes were dictated by dramatic swings in individual names, in most cases...
August 12, 2024
The CE 100 Index lost 0.2% last week in the wake of earnings reports that, over the course of the past several days, have moved names to the upside (and the downside, of course). Sezzle Sizzles and BNPL Demand Soars Shares of Sezzle soared 51%, and the Pay and Be Paid pillar moved 5.9% higher. […]
May 27, 2024
Coming into the holiday-shortened trading week, the CE 100 Index lost 2.4%. All pillars posted declines for the week that ended May 24. Peloton helped bring the “Be Well” pillar down...
February 19, 2024
The end of earning season is in sight — the last slew of reports will appear through the next few weeks. And headed into the long President’s Day weekend, the...
March 20, 2023
No surprise – this past week was all about the banking sector. Investors fled banks, worried about how bad the contagion would get in the wake of the collapses of...
May 08, 2024
Porch Group has found that unique data provided by its home services software and partnerships has enhanced its underwriting of homeowners insurance and boosted its results. During the first quarter, the company reduced its GAAP net loss to $13.4 million, down from $38.7 million in first quarter of 2023, and improved its adjusted EBITDA loss to $16.8 million, […]
October 27, 2021
Porch Group, which works in virtual software for the home services industry, has bought digital mortgage automation and point-of-sale (POS) company Floify, according to a Wednesday (Oct. 27) press release....
November 12, 2018
Online marketplace eBay is getting into the home installation market in a bigger way, announcing news on Monday (November 12) of new partnerships with Handy, Porch and InstallerNet. According to TechCrunch,...
May 23, 2018
Starting now, thousands of home services professionals will be available via Facebook. The social media site’s Marketplace platform is rolling out a new feature designed to make it easier for...
