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October 2020
Metromile Launches Ride Along to Demystify Pay-Per-Mile Car Insurance

Metromile Launches Ride Along to Demystify Pay-Per-Mile Car Insurance

Metromile, the leading pay-per-mile car insurance company in the U.S., today announced the launch of Ride Along, a free new way for drivers to understand if their driving can result in a lower car insurance rate before they sign up
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Startup Personal Lines Insurer Root Looking to Raise $604 Million in IPO

Startup Personal Lines Insurer Root Looking to Raise $604 Million in IPO

Automobile insurance startup Root Inc. said on Tuesday it plans to raise as much as $604.1 million in its initial public offering on the Nasdaq, the latest in a line of insurers looking to tap the current boom in U.S. capital markets
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Artificial intelligence is changing everything in insurance claims

Artificial intelligence is changing everything in insurance claims

As the year 2020 proceeds to its conclusion, the status quo has been washed away. But some things have not changed. The goal of every claims organization has been and will remain quickly adjusting a claim at a low cost with high levels of customer satisfaction.
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Telematics launches from Metromile & Southern Farm Bureau illustrate continuing industry shift

Telematics launches from Metromile & Southern Farm Bureau illustrate continuing industry shift

Carriers continue to plow ahead with investments in usage-based insurance. Metromile, a pay-per-mile carrier, has launched Ride Along, which allows prospective customers to test whether or not their rates will change under a UBI plan without changing carriers. And Southern Farm Bureau has signed Arity, a division of Allstate, to power its own pay-how-you-drive program, giving the midsize insurer an inroad to the growing customer segment.
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The top 10 car insurance companies in the US

The top 10 car insurance companies in the US

Owning a car exposes you to various financial risks. With car insurance, you can be covered for damage to your vehicle and other circumstances in which you could be liable to pay repair bills or medical expenses.
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AI Insurtech Shift joins MAPFRE's startup program

AI Insurtech Shift joins MAPFRE's startup program

MAPFRE has brought Shift Technology, a claims-technology insurtech focusing on AI fraud detection, into its insur_space corporate accelerator program.
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Is Homeowners Insurance required?

Is Homeowners Insurance required?

wning a home comes with a lot of expenses, from upfront closing costs to ongoing maintenance and repairs. With so many costs, you may look for ways to save money. But if you’re wondering, “Is homeowners insurance required,” the answer depends on your situation. Plus, these requirements may change as you pay off your mortgage.
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Why Clearcover is the clear auto insurance choice for millennials

Why Clearcover is the clear auto insurance choice for millennials

Adults in their twenties and thirties are now facing the same financial responsibilities their parents once did as they become homeowners, car owners, and insurance holders. While these financial matters can seem complicated, millennial adults have the added benefit of improved mobile apps to simplify banking, money transfers, and now, auto insurance.
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As its popularity increases - let's try to find out "What Does Pet Insurance Cover"?

As its popularity increases - let's try to find out "What Does Pet Insurance Cover"?

Pet insurance is like human health insurance in many ways. The main difference has to do with the restrictions imposed on most pet health insurance policies. For example, pet insurance almost never covers preexisting conditions.
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This is not your Father's automotive claim

This is not your Father's automotive claim

Using algorithms, tech companies are helping insurers speed up the process after an accident, make it more accurate and keep estimators out of the field — a plus during a pandemic.
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