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Insurance

$HCI TypTap Raises $100 Million from CenterbridgeHCI subsidiary corporation, TypTap Insurance Group, Inc., is pleased to announce that a fund affiliated with Centerbridge Partners, L.P. has invested $100 million in the company. The investment, representing about 11.75% of TypTap, implies a post-money valuation for TypTap of approximately $850 million. In exchange for its investment, Centerbridge received from TypTap preferred shares with liquidation, dividend, redemption, and other rights and received from HCI a four-year warrant to purchase 750,000 HCI common shares at $54.40 per share. The preferred shares automatically convert to common shares upon completion of an initial public offering meeting certain parameters. finance.yahoo.com
NYSE:HCI
by AlenCiken
2
[INFIWETH] - Insured.Finance Ready to POP - DEFI Gem Right HereHasn't been on Uniswap long - but this project looks extremely promising. DYOR - but this could be a GEM in the defi space. INFI is in a decending triangle - it could break to the downside - but considering it is such a new project, there is very strong support and its not dumping off. Being bought up at the support line. Short term targets - red lines - could see a 100%+ gain in the short term. Long term - the potential for this project is huge. I'm a noob practicing TA - don't take my advice :)
ILong
by ghostch
LMND. This Insurance Disruptor will DOUBLE in the Next 3 Months!NYSE:LMND is the new and promising tech company in the insurance market. It's beyond promising; it's already a product with proven scalability and disruptive features to the aging insurance business model. Lemonade follows a creative insurance model. To understand this, consider the conventional insurance business model where companies are incentivized to NOT approve claims of their customers. That's because less money given to customers means more profits for the shareholders. This places you, the customer, and them in a constant state of dispute. It is a flawed business model. Lemonade flips that around and removes the incentive completely by introducing one simple rule. Their profit margin is fixed. They will always take 25% of what you pay. The remaining 75% will be used either to cover claims, or to be donated to a charity organization of your choice. This way, they have no incentive to deny your claim. At the same time, you have no incentive to claim more than what you think is fair because you will be reducing what goes to the charity of your choice. On top of that, Lemonade is a tech company that employs Artificial Intelligence to manage claims. You will be surprised, and perhaps you shouldn't be, how well an AI can catch a fraudster trying to falsely claim some insurance money. This already cuts the cost by a huge margin and allows for faster growth and better scalability. Currently, Lemonade has proven that their platform works and that it can expand. They are slowly covering more areas than just pet insurance and household insurance. They are expanding to more states in the US and countries around the world. And all of that at a minimal cost of human resource. And the brilliant thing is that the more they expand, the more data they will have to train their AI, and the more accurate and efficient the process would be. That is what disruption looks like. It's new. It flips the model around. It works. It cuts cost by a big margin. It scales. It grows before you even know it. Think Apple, Amazon, Tesla. Now after this brief introduction, let's get into the chart. I've drawn this ascending channel a week ago and I am surprised that it is holding price this well. This shows strong demand added to the higher lows in RSI. I believe this momentum will accelerate in the coming few months. I've drawn targets based on Fibonacci of the most recent swing. According to the channel and the Fib levels, this stock can reach $222 by 22 Feb. That's 80% gain in 48 days. I believe that in 90 days, this stock will have doubled, and by the end of the year it will have 5X'd. This is a stock to buy and hold, not a stock to trade. Good luck!
NYSE:LMNDLong
by TechNerdOmar
Lemonade is the future of insuranceLMND is my favourite investment stock lately, as it has a lot of potential, it's going to disrupt the insurance market with it's totally new and innovative strategy and operation method. This is the fintech in banking (like Revolut or N26) or a Tesla in cars or the smartphone itself in communication! Seriously, I'm not hyping the stock, do some research and as you understand, you'll get convinced pretty quick. So definitely disruptive and much much more efficient and way smarter than the whole insurance industry in and out. Read about it and you'll see. It's not a trading setup, but a long term investment idea (3-5 years for me at least) but would be better for 10+ years. Might take time to spread worldwide but investors and the whales too might discover it soon and you'll find yourself in the "I'm late again" situation as it was with Tesla and NIO with lots and lots of investors. So, Lemonade is going to be huge. I have an entry point of $47 but I could accumulate 2 times so far @ $86, @ $118 and @$107 just now at this current pull back again, but if you are thinking long term, you can buy any time when it's a red day or whenever you have spare money, don't even bother with technicals, as I said, it's a long term investment and it can brake out abruptly. My experience tells me that even though I know how to do technical analysis, the fundamental analysis is much much more important in investing (and I'm not talking about day trading here). Because if I didn't do any trades during this year, but only investments according to my original ideas I would have much more profit by now, even after a year, such short period of time (as of today my performance for this past exactly 12 months is +209% and I'm in a correction just now). So no, I'm complaining, because I'm not, but just saying if I didn't work at all, but only invest according to my ideas, I would have about 3x more profit just now (better not count). Oh and I never got lucky so far. Not even once during these several hundreds of trades. Quite the opposite, whenever I did something out of sentiment or by a gut feeling, I lost on it. Can you imagine? So, technical analysis pays out but investing pays more if you know the right time for the right stock. Not easy, so I give you some insight below if interested. Here's below my little summary so you get the picture about my thinking. Also I show all my ideas with numbers so you see how I did and would invest in such environment: Probably I’ll post this text several times (under each ticker) that I mention below, as the meaning of the writing necessitate it. Introduction and the mindset: 8-10% of my wealth is in the US stock market, other almost 90% in real estate in Europe. As for the stocks, you got to have a diversified portfolio in my opinion. As my experience tells me you can be lucky sometimes and you also gonna be unlucky at any given time (and unexpected all the time). So one can not count on luck and/or feelings (I call it being on Hope-ium). This is the reason for the need of diversification, especially in this unprecedented (word of 2020, right?) environment. Lots of analysts say the market is overvalued, stock prices are overstretched (the SPY and tech at least). I think this is partially true and it does matter sometimes, it does not matter too much other times and/or instances as you’ll see soon below. OK, too much talk already, I will show you my portfolio and talk about my ideas with numbers, entry points, targets and even risks. My past fundamental ideas (as for reputation, not a bluffer): In 2019 I only had 2 ideas, both based on my fundamental analysis and they were for investment (so, not for short term trade ideas). Tesla and Bitcoin. For TSLA my entry plan and buying advice was @ $426 in December (pre-split price, so if you are new, divide it by 5). For BTC I stated that I recon we have to wait for the beginning of 2020 (according to my plan it was most likely for about February) and buy the expected dip - according to my readings - at $5500. Of course Covid came and things got crazy, but we didn’t expect that. Lots of losses and learning, but here I share some useful thoughts and ideas. I learned technical analysis, but these fundamental ideas born according to my own research, also I didn’t know any known influencer back then. My recent/actual ideas and how to do it: I divide my stock portfolio for 5 sectors in a way that if even 3 or 4 of them fails, the other 1 or 2 will pay out so much, I wouldn’t mind and never lose. My sectors watched: 1.REIT (they will pay dividends) 2.Energy (they will recover) 3.Commodities (we need them whatever happens) 4.Biotech (necessity too) 5.Insurance (self explanatory). The SPY is driven by tech, so I left it out for now (with a small exception), as no need to risk now, because tech is a bit overstretched at the moment and even if it’s going way higher, my ideas will too. But if tech is not going higher, I will still make profits (hence the so called ‘K-shape recovery’). Not easy to do this in such overvalued levels but not everything is expensive and also note, that not every cheap stock is going to die off, so the main buying habit of mine is what George Gammon likes also: “I buy a dollar for fifty cents” if I may quote him here. This idea means that I buy according to the actual (and my own) valuation, plus the current stock price of the company and not according to the momentum or the horde, in other words the ‘best performers’ according to popular Youtubers, similar influencers (or the mainstream media for that matter), as history shows that the majority loses and the minority wins (at least during those crazy unprecedented times like now when soon everyone is in the stock market examples I analysed: 1929, 2000, 2008). Doesn’t that tell you that it would be wiser to be on the side of Michael Burry during the 2008 stock market rally instead of everyone else? Yeah, I know, it’s not easy and also, “this time will be different” :D But jokes aside, I believe at least in a way this time it actually could be different, the task is to understand fundamentals, think a lot and make smart decisions based on your own research. And the more you read and think, the closer you might get to some advantage and solution that will pay off highly likely in every possible scenario in the future. Why and how? A simple enough hint of mine for example is, if a stock is a ‘top performer’ that fact might actually mean it already did what we expected from it to do (otherwise why the term?), so you kind of could already be late, but you would never know. This is when FOMO comes in to play, beware! Sure, you can be lucky and participate in a bubble just like how it was with Yahoo in 1999-2000 but only afterwards (years later) could you for sure realize that it wasn’t a good idea to buy in around 1999 as you didn’t sell at the top (2nd of January, 2000) did you? Even though the “long term fundamentals” that they talked about back then, they all turned out to be 100% true, because tech went higher for sure, Apple is still a winning company, we are surrounded with computers, smartphones and it's all tech and internet and websites, we still use yahoo mail every day and listen to yahoo finance and so on. Tech is cool and king. Still, the dot com bubble was bad and painful for the majority. See, everyone was right except for the ones who bought in at the high prices because of FOMO. As you see now, those ‘top performers’ worked very well for those who bought in at the bottom or even half way to the top for swing trades (but that was just before you heard about them and not really any time later). So, the problem is that no one ever knows when is the top of a bubble or any kind of run up that is driven by sentiment if it’s not a slow and steady growth corresponding both the fundamentals and financials in other words the real growth of a company. So the solution is to better find one that is trusted and/or have future and not going bankrupt soon and is beaten down to the ground. That’s when you buy in. Warren teaches this too, but this is my own thinking and just a coincidence that the old man says it too. So, I reveal here all my stocks and investment picks that I either bought and/or had planned or advised to buy so far with my first entry prices during 2020 (not placed in order of any sort, but just random). The majority is investment for 3-5 years the exceptions are the swing trades (I mark them “swing trade” as they are not investments): TSLA again @ $358 (pre split); NYMT @ $1; IVR anywhere below $4; NIO anywhere below $5 (swing trade); HEXO @ $0.74 (pre split); ASTC @ $1.82 (swing trade); CDEV @ $1; LMND @ $47; TXMD @ $1.2; LXRX @ 1.93; GNW @ $3.26 (swing trade); WPG @ $1 (pre split); CRSP @ $60; gold below $1700; AAL @ $10 (swing trade); AMC @ $2.84 (swing trade); BTC @ $5500 for investment (and was swing trade too, from $7000 to $9000 because I had to pay property tax and did it from the profit).
NYSE:LMNDLong
by janfoux
LONG WNXM/USDT - possible double bottomLONG WNXM - bullish MACD divergence / Double Bottom Formation Stop 16.75 Profit Target 1: @22.32 sell 1/2 move stop to break even. Profit Target 2: trail with 4 hr at trail stop no more than 2% acct equity per trade ;) ========================================================= Nexus Mutual is an Ethereum based decentralized insurance protocol. The platform aims to become an alternative to traditional insurance companies by providing a wide range of products to protect users against smart contract vulnerabilities.
Long
by HodlTradeCrypto
1
ROOT - Root helps Global 2000 companies around the world with strategic change management and digital transformation to solve critical organizational challenges. It is also a parent company of the millennial As long as $14 hold, I am playing it. Looks like could be a replay of Upwork chart. Great company, great story - shitty price action. I like it. Not enough data to "analyze" it but looks good enough. I like the inverted head and shoulders on RSI and double bottom (as long as its not breached, otherwise there is no floor). Good luck out there!
NASDAQ:ROOTLong
by bossmodetrader
Potential IPO base $LMNDPotential IPO base "90 seconds to get insured. 3 minutes to get paid" If you haven't already noticed, we are living in a world of immediate gratification. Insurance is just another sector that's ripe to be disrupted by better efficiency. TA, - Increasing volume and consolidating at previous highs $69. FA, - Disrupting the archaic industry of insurance -High NPS score of 70. Industry average is 70. - $5 Trillion TAM. Current market cap is $3.8Bn - Huge barrier between insurance companies and customers. Making claims is a headache. Lemonade is bridging that gap through better customer service by leveraging the powers of AI. AI JIM and AI MAYA - +167% revenue growth 2020 - Expansion beyond US. France is next by end of 2020. - Only 3 types available still. Renters, home and pet insurance. More potential for other types Concerns, - Still not fully convinced of the business model -Continued losses(side effect of disrupting) - Price discovery phase still so will be super volatile. Entry : Break of 69.2 Stop loss: 62.2
NYSE:LMNDLong
by ashainp