InsurTech investors’ risk controls switch to DEFCON 1 after SVB downfall
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InsurTech investors’ risk controls switch to DEFCON 1 after SVB downfall

Silicon Valley Bank SVB branch.jpg

As the 2007-2008 credit crunch demonstrated, a banking crisis can metastasize in ways that even the most prescient economist can’t predict. InsurTech investors are proactively managing their portfolios through such a crisis right now.

While operational hurdles following Silicon Valley Bank’s (SVB) closure were overcome early last week, including intense 11th hour efforts to ensure InsurTechs could make payroll, the focus has switched to potential systemic risk within investors’ portfolios.

Some

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