We dive deep into our sectors. Our research drives our insights and thesis-driven approach.

The Equal Ventures Insurance Index is a quarterly summary of public equity performance in the P&C insurance industry. This post summarizes performance of our insurtech/legacy indices in Q1 2024, highlighting key themes and trends in valuations.

Our core belief within our climate thesis is that we are experiencing a once-in-a-lifetime inflection point of the grid, the development of a distributed energy economy. While the grid has long operated like an industrial supply chain for much of the last century, the explosive growth of internet-connected energy devices (also known as Distributed Energy Resources or DERs) is demonstrating an adoption curve that outpaces the growth of users on the internet from 1990-2020. This inflection point represents limitless possibilities for how we use, consume and manage energy.

Today, we’re excited to announce our 3rd Annual Emerging Manager Circle Summit.

Broadly, 2023 was a challenging year for property insurers managing exposures to natural catastrophe risks. In some ways, it was a perfect storm (both literally and figuratively) for carriers: a record spike in secondary peril activity occurred alongside historically low supply (and skyrocketing rates) of reinsurance and significant inflation.

While the process for identifying great companies is never uniform, there are indeed best practices to follow in building scalable, defensible companies. At Equal Ventures, one of our core philosophies around identifying companies with breakout potential is evaluating opportunities for perpetual unit economic advantages, or as we like to call them, moats.