<ul><li>Porch Group has improved its underwriting of homeowners insurance and boosted its results.</li><li>During the first quarter, the company reduced its GAAP net loss to $13.4 million and improved its adjusted EBITDA loss to $16.8 million.</li><li>The company attributes these improvements to the unique data provided by its software-as-a-service (SaaS) products.</li><li>Porch uses this unique data, called 'Home Factors,' to predict and price risk more accurately and reduce exposure.</li></ul>

Porch Reports Unique Data Improves Underwriting, Boosts Results

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