Diego Segura
@diegosegura
designer, writer, founder. currently obsessed with monetary theory, high finance, corporate law, regretting dropping out of high school, and sudoku. author of a 2018 book, “the dropout manifesto.”
diegosegura.meDiego Segura
In August 2016, the company raised $13 million in funding from XL Innovate (part of XL Group), followed by a $34 million Series B funding round in December 2016.
Lemonade History: Founding, Timeline, and Milestones - Zippia
they wouldn't write their first policies until September 2016
The authors of The Federalist intended to influence the voters to ratify the Constitution. In Federalist No. 1, they explicitly set that debate in broad political terms:
It has been frequently remarked, that it seems to have been reserved to the people of this country, by their conduct and example, to decide the important question, whether societies... See more
The Federalist Papers
Chubb specializes in XoL (excess of loss) trade credit insurance, which means that the insured company agrees in the policy to take a significant loss before “coverage” kicks in.
This is different than ground-up insurers like Atradius, Allianz, and Coface, who will insure entire losses (also known as “ground-up”.)
Marshmallow | Insurance for UK newcomers
marshmallow.com
Though Cash App’s revenue comes primarily from subscriptions and services, not peer-to-peer transactions, it still needs downloads.
Julia Glum • Inside Cash App Friday, the Weekly Phenomenon Where People Ask for Money on Twitter (and Get it)
Lemonade had set a world record by paying one New Yorker’s claim for his stolen Canada Goose parka in three seconds—the time it took Lemonade’s claims bot to run 18 antifraud algorithms and send bank instructions to deposit $729 in the man’s account.
Jeff Kauflin • First, Fire All The Brokers: How Lemonade, A Millennial-Loved Fintech Unicorn, Is Disrupting The Insurance Business
A YouTube-generated video for a song titled “Banayenge Mandir”, which translates to “We will build a temple”, referring to the construction of Ram Temple on the site of Babri Masjid, gathered over 70,000 views as of this writing. Last month, a mob of Hindu men climbed atop a mosque’s walls in the state of Karnataka, dancing to the song and singing... See more
Pooja Chaudhuri • YouTube is Autogenerating Videos for Songs Advocating the Expulsion of Muslims from India - bellingcat
Michael Chen, president of Myco Furniture in Houston, said he had been using factors — groups that buy a company’s receivables at a reduced rate — but switched to credit insurance through Euler Hermes as a way to cut costs and be more selective in what the company insured.
Paul Sullivan • Protecting Your Business, and Your Bank Account, in Case Clients Don’t Pay (Published 2016)
factors seems like's Pipe's revenue based financing