Nov. 13 at 2:28 PM
$ARX loved the call.
Great quarter with honest guidance.
Seems like the q&a still trying to get a handle on what they do and how they make money.
Seems they are a high margin middle man for small policies…lots of small policies
They de a lower risk proposition in small policies with a
$250+ billion market potential.
They are also shedding risk on the other side by diversifying and welcoming insurers for 3% extra commission.
It’s basically using data models and realtime risk assessments to put supply and demand forces together.
Unless I’m missing something, this will grow into a substantial cash machine.
This is my 2cents worth anyway.
I’ll be buying the dips if further manipulated as tutes accumulate
Suspect very little retail involvement until tutes are full
Sleeping Beauty
