COVID has accelerated one too many industries — amongst them is insurance technology (insurtech). Insurance is going through a digital shift and all it took was a couple centuries to get here.
Insurtech companies help write better loans using better data/tech to make the process of writing/selling insurance easier.
Say goodbye to 2020 and also to the third-party cookies that allow ads to follow you.
Google is about to change how the advertising industry works by removing the third-party cookie inside Chrome.
But before that, let’s see how we got here…
Advertising technology, the tools that power the complex networks delivering ads on sites and apps, is back after years of underperformance.
Real estate has been one of the slowest industries to adopt technology but over the past decade, a suite of tools has digitized the homebuying experience:
But in 2020, it’s all about iBuying — the new model on how you buy/sell your home. On Dec. 21, Opendoor ($OPEN), the leading iBuying platform, had its stock market debut.
The biggest threats of 2020:
In 2020, high-profile cybersecurity attacks have pushed cybersecurity stocks to all-time highs — including hacks on Twitter, Zoom and even a cybersecurity firm, FireEye.
But the worst of them all… On Dec. 13 it was discovered that Solarwinds, an IT management software with over 300,000 customers including the US government, had been hacked.
Biotech companies are pushing magic mushrooms from counterculture to main culture — in what could become the first legalized treatment of depression using psychedelics.
Investors are euphoric and psychedelic stocks have surged in 2020:
The second worst performing sector of 2020 has become the second best performing sector in the past month — Financial. Stocks. Are. Back.
Top-performing sectors over the past month: