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August 2020
Progressive teams with PetsBest for new pet insurance benefit

Progressive teams with PetsBest for new pet insurance benefit

Insurance provider Progressive has entered into the voluntary benefits marketplace to offer employer clients a pet insurance benefit through its partnership with PetsBest.
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Insurers looking to take the friction out of UBI

Insurers looking to take the friction out of UBI

After years of refining its telematics-powered usage-based insurance product, Snapshot, Progressive is looking to make it a little less nerve-racking for customers who want to see just how good they are at driving.
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New Haven Life product, Policygenius takes on wills, insurtech rebrand: Roundup

New Haven Life product, Policygenius takes on wills, insurtech rebrand: Roundup

MassMutual-owned Haven Life is announcing the launch of Haven Secure, a new term life insurance product that can be purchased entirely online. Coverage mirrors insureds' monthly income or can match a large recurring expense (like a mortgage). Similar to the recently launched Salary Protection product, Haven Secure is a decreasing term product that offers a minimum monthly payout duration of five years. If the policyholder were to die within the term length, Haven Secure would provide thei...
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Kansas is the 35th State to Approve Cambridge Mobile Telematics’ Insurance Scoring Model

Kansas is the 35th State to Approve Cambridge Mobile Telematics’ Insurance Scoring Model

Cambridge Mobile Telematics (CMT) announced today that Kansas is the 35th state to approve its latest telematics-based insurance scoring model - the most accurate and reliable smartphone solution on the market to assess driving risks. This approval ratifies that insurers offering policies in Kansas – as well as 34 other U.S. states – can work with CMT to use this scoring model to price policies in telematics programs, including those that use CMT’s DriveWell platform.
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Root thinks UBI can wean auto insurers off credit scores

Root thinks UBI can wean auto insurers off credit scores

A replacement for the good old credit score. It's been long awaited, sought after and pontificated about. What's better than how exactly someone drives, as opposed to how someone handles their finances. Credit may have correlated to "risk" on the road, but why settle for a proxy when you can have the real thing?!
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More people are leaning on pet adoption to cope with the pandemic - and The Zebra is helping

More people are leaning on pet adoption to cope with the pandemic - and The Zebra is helping

Austin Pets Alive! is seeing an uptick in adoptions, and The Zebra, an insurance comparison site based in Austin, is paying for employees' four-legged adoptions.
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Clearcover is shaking up the car insurance industry with premium service at affordable prices

Clearcover is shaking up the car insurance industry with premium service at affordable prices

Ever get a sinking feeling that you are overpaying for your car insurance? The fact is that you’re probably right. Industry experts say that many top insurers are overcharging loyal customers by millions of dollars — and these same companies often provide poor customer service on top of that.
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Driver assistance helping keep accidents down despite bad habits

Driver assistance helping keep accidents down despite bad habits

Distracted driving and major speeding violations are on the rise, and technology will play a key role in helping to keep drivers safe and shaping the auto insurance customer experience, according to a new report from LexisNexis Risk Solutions, a provider of advanced analytics services for businesses and governmental entities.
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Geospatial data reveals where unexpected storm risks lie

Geospatial data reveals where unexpected storm risks lie

Every summer, the insurance industry braces for “hurricane season” and the spike in claims that comes with it. Natural disasters, including, but not limited to, winds, rains, hurricanes and floods, batter the U.S. with their destructive forces, destroying nearly everything in their path.
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Verisk Telematics Data Integration with Honda Now Live, Providing New Opportunities for Usage-Based Insurance Innovation

Verisk Telematics Data Integration with Honda Now Live, Providing New Opportunities for Usage-Based Insurance Innovation

Verisk (Nasdaq:VRSK) announced today that for the first time, U.S. auto insurers can access driving data from consenting owners of connected Honda and Acura vehicles. The data, available exclusively through the Verisk Data Exchange™, can help insurers deliver the benefits of their usage-based insurance (UBI) programs to an expanded audience of customers.
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