LeO Blog

There is a big problem in the consumer insurance industry: the coverage gap. More than 40% of Americans have no life insurance. Leaving over 100 million Americans without any kind of life insurance coverage can pose those people many problems, but it is also posing problems for the insurers who write the policies, as life insurance policy purchases have decreased by over 8 million since 1984. People know they need life insurance, yet less and less of them are buying it. Why i

Every day, insurtech is innovating the insurance industry. Newer and better technologies are being created by the second, making more traditional insurance tactics and methods obsolete. This requires new technology adoption for those in the insurance world to stay on top. So, with this idea in mind, it definitely seems like a good idea to get to know some of the major players in the insurtech game to see what this innovation is all about. Lemonade Lemonade is a licensed ins

The insurance world is changing. The buying power is shifting toward millennials, making them the future insurance customers. Baby boomers are getting older, meaning that they could easily start purchasing more and more life insurance policies. Major shifts into the world of mobile technology are putting people in the insurance industry on their toes of what the next big innovation is, and how soon it will come. Every single day, new technologies are being created to simplify