Policygenius

9 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement May 24, 2021 by Jennifer Fitzgerald · said 29 times in 4 episodes since 2021 · across every show →

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2024 2 mentions in 1 episode
2021 25 mentions in 2 episodes 13 per episode

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Everything said about Policygenius, oldest first

May 24, 2021
Assertion Not checkable as stated
Policygenius received only one term sheet for its Series A round
“That was the only term sheet that we got The only yes that we got from the VCs that we pitched that round, and he's still on our board to this day.”
Jennifer Fitzgerald May 24, 2021 ▶ 1:00:37 Policygenius: Jennifer Fitzgerald
May 24, 2021
Assertion Supported
In 2013, no end-to-end multi-product digital insurance marketplace existed
“You had a couple lead generation companies. That would put up a landing page promise you quotes or insurance, but then, you know sell your contact information to either insurance companies or to insurance agents. You had e-health insurance that focused on heal…”
Jennifer Fitzgerald May 24, 2021 ▶ 27:19 Policygenius: Jennifer Fitzgerald
May 24, 2021 neutral
Assertion Not checkable as stated
The average Policygenius customer is 36 years old
“Our average customer is 36 years old, and in that home buying, having children married for a few years stage of their life.”
Jennifer Fitzgerald May 24, 2021 ▶ 1:08:06 Policygenius: Jennifer Fitzgerald
May 24, 2021 neutral
Insight
Having a second child is the top catalyst for buying life insurance
“The biggest trigger for life insurance is having a child. Specifically what we have found in our consumer research, it's having child number two, because when people have their first child, they're so overwhelmed with now they're a parent, right, and getting t…”
Jennifer Fitzgerald May 24, 2021 ▶ 1:06:31 Policygenius: Jennifer Fitzgerald
May 24, 2021
Assertion Not checkable as stated
Policygenius's SEO strategy took two to three years to deliver results
“So it took us, our content SEO strategy Probably took a good two to three years to really start to see results in terms of our traffic and in terms of business results.”
Jennifer Fitzgerald May 24, 2021 ▶ 54:30 Policygenius: Jennifer Fitzgerald
May 24, 2021 bullish
Disclosure
Policygenius is heading toward profitability and considering an IPO
“We are heading towards profitability and we are thinking about what's next for us on the capital markets horizon and maybe going public sooner rather than later.”
Jennifer Fitzgerald May 24, 2021 ▶ 1:13:42 Policygenius: Jennifer Fitzgerald
May 24, 2021 bullish
Disclosure
Policygenius plans to evolve from broker to first-party insurance issuer
“Eventually, yep. We look at our journey similar to Amazon or Netflix which started in the third party world. Consumer goods in the case of Amazon, content in the case of Netflix, and they eventually moved from third party to first party, where they were actual…”
Jennifer Fitzgerald May 24, 2021 ▶ 1:11:28 Policygenius: Jennifer Fitzgerald
May 24, 2021 neutral
Assertion Supported
The US insurance market sees $1.2 trillion in annual written premiums
“About 1.2 trillion dollars of premium is written every year in the U.S. On insurance and it's roughly fifty-fifty, so half is on life accident and health, so call it 605 to six hundred billion on life accident and health.”
Jennifer Fitzgerald May 24, 2021 ▶ 1:03:50 Policygenius: Jennifer Fitzgerald
May 24, 2021
Assertion Supported
Policygenius raised $735,000 in angel funding after missing $1M target
“We raised, so we fell short of our million dollar target. We raised 735,000 dollars, and we said, you know what, that's enough, let's see how far we can stretch this.”
Jennifer Fitzgerald May 24, 2021 ▶ 45:53 Policygenius: Jennifer Fitzgerald
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