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      <p>
        Loop, an usage-based automobile insurance provider, has laid off a few of its employees, which includes Jonathan Seibold, head of insurance.
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      <p>
        In addition, the company has also paused spending on advertising and its equity program for independent agents.
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      <p>
        Loop currently employs 25&ndash;30 employees and serves around 10,000 policyholders.
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  </ul>
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  <p>
    <a href="https://www.coverager.com/loop-makes-additional-cuts-and-pauses-advertising/">
      Coverager
    </a>
  </p>
  <p>
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Neo Insurance

<div>
<p>Loop, a usage-based car insurance firm, has made several employees redundant, including Jonathan Seibold, the insurance head. Additionally, the company has suspended expenditure on advertising as well as its equity scheme for independent agents. Loop presently has a workforce of 25–30 employees and caters to approximately 10,000 policyholders.</p>
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All Updates

Loop implements staff reductions and cuts back on discretionary spending