All material subject to strictly enforced copyright laws. © 2022 Inside P&C is part of Euromoney Institutional Investor PLC.
Accessibility | Terms & Conditions | Privacy Policy | Modern Slavery Act | Cookies | Subscription Terms & Conditions

InsurTechs that over-optimized for growth were ‘destined for corrections’: Branch CEO

Branch logo with Steve Lekas Columbus Ohio.jpg

Branch co-founder and CEO Steve Lekas said that his company has only been willing to “grow as fast as our target loss ratio allows”, which he argued is unique in a market where valuations have over relied on growth and neglected underwriting profitability.