Posts in Tag

Equity In Insurnace

John Henry, a 31-year-old Dominican-American entrepreneur, is revolutionizing the auto insurance market with his innovative company, LOOP.  The B Corp car insurance firm uses predictive models and real-time driving data to create more equitable rates, particularly for underserved communities. LOOP  Established in 2020, LOOP has made remarkable strides in a short period.  By 2023, the company boasted over 10,000 members and reported $26.7 million in Direct Written Premiums, reflecting a staggering 230% growth yearly.  This success has been marked by over $30 million in venture capital from notable investors like