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November 2020
Global market leaders Wejo and Cosworth partner to innovate with connected car data

Global market leaders Wejo and Cosworth partner to innovate with connected car data

Wejo, the pioneering connected car data company, today announces an exciting new partnership with iconic automotive specialists Cosworth. Wejo is collaborating with Cosworth to identify and investigate intelligent mobility and vehicle data concepts which will help drive future innovations and enhance the overall experience for the benefit of drivers and car manufacturers.
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GM to offer auto insurance that uses data from connected vehicles to price rates

GM to offer auto insurance that uses data from connected vehicles to price rates

General Motors is relaunching an auto insurance division as a way to generate new revenue using data from its growing numbers of connected vehicles in the U.S.
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Prudential sells tech unit to TCS

Prudential sells tech unit to TCS

India’s Tata Consultancy Services Ltd. agreed to acquire the employees and select assets of Pramerica Systems from insurance giant Prudential Financial Inc., helping the insurer cut costs to counter low interest rates and the coronavirus fallout.
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Nationwide, IMS Partner On Mileage-Focused Insurance Telematics Offering

Nationwide, IMS Partner On Mileage-Focused Insurance Telematics Offering

IMS (Insurance & Mobility Solutions) is partnering with Nationwide as the technology provider for the SmartMiles® pay-per-mile insurance program. As one of the world’s top three providers of connected car data solutions to insurers, mobility operators and governments, IMS helps power two of Nationwide’s usage-based insurance programs which also includes Nationwide’s SmartRide® discount program that launched in 2011.
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Does your homeowners insurance go up after a claim?

Does your homeowners insurance go up after a claim?

Having a homeowners insurance policy offers peace of mind. If your house gets damaged or destroyed, your insurance company promises to reimburse you for the cost of repairs. But you might be wondering does your homeowners insurance cost go up after a claim. In this article, we will explain if your homeowners insurance premium increases after a claim, and if so, how long the rate hike lasts.
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SimpleNexus Collaboration with Progressive

SimpleNexus Collaboration with Progressive

SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, today announced the availability of home insurance quotes from Progressive® (NYSE: PGR, https://www.progressive.com/) within the SimpleNexus digital mortgage app.
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How Insurtechs can work with regulators to speed innovation

How Insurtechs can work with regulators to speed innovation

Insurance regulators are charged with ensuring a well-functioning market and that consumers are protected. This balanced approach has functioned well, yielding overwhelming consumer choice and innovation within a space that is often overlooked. It is a tried-and-true trope to decry the challenges that regulation has brought to innovation within the insurance space, but in reality the market shows something completely different: new products, services and innovation is growing. This is occurring ...
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10 insurers ranked highest for auto claims satisfaction in 2020

10 insurers ranked highest for auto claims satisfaction in 2020

Of all the consequences of quarantining this year, one rare upside of the pandemic was its direct benefit on drivers’ wallets and road safety.
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How To Use Online Car Insurance Quotes And Get Cheaper Coverage

How To Use Online Car Insurance Quotes And Get Cheaper Coverage

Compare-autoinsurance.org (https://compare-autoinsurance.org) is a top auto insurance brokerage website, providing car insurance quotes online from trustworthy agencies all over the United States. This website offers car insurance info about different coverage types, available discounts, and money-saving tips.
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MetLife hires Foot Locker, Target vet as CIO

MetLife hires Foot Locker, Target vet as CIO

MetLife has hired Pawan Verma as Executive Vice President and Chief Information Officer. His first day at the company will be November 9, 2020. reporting to Bill Pappas, Executive Vice President and Head of Global Technology and Operations.
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