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        Branch, a provider of digital home and auto insurance, has made its second round of layoffs, affecting 85 employees. It previously laid off 186 employees in June last year.
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        The company attributes this decision to persistent inflation challenges within the insurance industry.
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        Affected employees are given a severance package, two months of paid health insurance continuation through COBRA, career placement services with a dedicated coach, and an extended post-termination exercise period for vested options.
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    <a href="https://www.coverager.com/insurtech-branch-conducts-another-round-of-layoffs/">
      Coverager
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Neo Insurance

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<p>Branch, a digital home and auto insurance provider, has laid off 85 employees in its second round of layoffs, following the dismissal of 186 employees in June last year. The decision is blamed on ongoing inflation challenges in the insurance industry. Laid-off staff will receive severance, two months of COBRA paid health insurance, career placement services, and an extended period to exercise vested options post-termination.</p>
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All Updates

Digital home and auto insurer Branch conducts second round of layoffs

Branch raises USD 147 million in Series C funding