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March 2020
Meet Progressive Insurance’s Other Star, Jamie

Meet Progressive Insurance’s Other Star, Jamie

There is not a day or hour that goes by when a Progressive Insurance commercial is not being played on some television channel somewhere. The same commercial that’s made the dark-haired character Flo a household name for years is now providing the same courtesy to her right-hand-man, Jamie.
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More than half of consumers willing to release more robust data for insurance benefits

More than half of consumers willing to release more robust data for insurance benefits

Nearly six in ten consumers are open to sharing location data and lifestyle information in exchange for decreased pricing in financial products and services.
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Aon buys Willis Towers Watson for $30 billion

Aon buys Willis Towers Watson for $30 billion

Aon Plc agreed to buy Willis Towers Watson Plc in an almost $30 billion transaction, creating the world’s biggest insurance brokerage and adding a raft of experts on everything from climate change to cybersecurity.
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InsureTech Continues to Grow and Expand

InsureTech Continues to Grow and Expand

Y Combinator -backed Goodcover is launching today to take on the likes of big insurance, as well as insurance startups like Lemonade, Jetty, Hippo and Zebra.
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Liberty Mutual Insurance Teams Up With Ford to Bring Usage-Based Insurance to Connected Vehicles

Liberty Mutual Insurance Teams Up With Ford to Bring Usage-Based Insurance to Connected Vehicles

Liberty Mutual Insurance today announced it is working with Ford to offer the potential for driving discounts to Liberty Mutual customers who drive a Ford connected vehicle, making it easier for customers to help save money on their auto insurance for their safe driving. "Liberty is committed to deep partnerships across mobility partners including many OEMs to support their customers' insurance needs of today and in the future," said Kara Shipulski, Vice President, Strategic Partne...
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Car Insurance Gets More Costly When You Reach This Age

Car Insurance Gets More Costly When You Reach This Age

Adult drivers generally see their car insurance rates drift lower for decades — until they hit their 60s. At that point, rates climb — and continue to do so for the rest of your life, according to the 2020 The State of Auto Insurance report from The Zebra.
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THE INTERNET OF THINGS: WHERE WE ARE, AND WHERE WE'RE HEADED

THE INTERNET OF THINGS: WHERE WE ARE, AND WHERE WE'RE HEADED

Nowadays, a frequent question is, “When will the Internet of Things materially impact me or my organization?” Given the enormous amount of hype associated with the IoT, the question is reasonable.
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USAGE-BASED INSURANCE MARKET 2020 WITH KEY PLAYERS

USAGE-BASED INSURANCE MARKET 2020 WITH KEY PLAYERS

Industrial Forecast on Usage-Based Insurance Market : A new research report titled, ‘Global Usage-Based Insurance Market Size, Status and Forecast 2020-2025’ have been added by Garner Insights to its huge collection of research report with grow significant CAGR during Forecast. The research report analyzes the Global market in terms of its size, status, forecast, trends, competitive scenario, and potential growth opportunities. The Usage-Based Insurance Market report categorizes the Global mar...
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CoverHound raises $58 million to simplify online insurance shopping

CoverHound raises $58 million to simplify online insurance shopping

San Francisco startup CoverHound, which was founded nine years ago by industry veterans hailing from Unitrin Direct and InsWeb, has ridden the insurance digitization wave pretty successfully. It’s sold more than 200,000 policies to date and in 2016 moved into the cyber insurance sector through its subsidiary, Cyberpolicy. And it’s raising cash to fuel growth to come.
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Insurtech unicorn Hippo navigates next steps

Insurtech unicorn Hippo navigates next steps

By most measures, there are very few insurtech “unicorns,” or startups with a valuation of $1 billion or more. If there is a company that checks all the boxes, though, one would be hard-pressed to find a better example than Hippo. Not only does it meet the financial requirement, but it was founded to be an insurance provider from the get-go, offering home insurance, digitally distributed and managed, in 15 states.
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