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McKinsey : How the coronavirus could change US personal auto insurance
Executive summary : The COVID-19 pandemic could cause structural changes. Understanding the range of scenarios can help carriers plan for an uncertain future. The COVID-19 ...
InsurTech Lami launches digital car insurance platform in Kenya
InsurTech Lami has launched a new application called Griffin Motor App targeting over 1 million drivers in Kenya.
Drivers will be able to buy car insurance in a few cl...
Gojek launches GoSure digital insurance service
Gojek which is an Indonesian ride-hailing app, has collaborated with InsurTech called PasarPolis to launch a digital insurance solution for its users. The range of offerings ...
Applied Systems and Zurich announce motor partnership
Zurich Insurance and Applied Systems have entered into a technology-based motor insurance distribution partnership which will allow Zurich to connect its Insurer Hosted Prici...
Kasko2Go Pitch – LIVEFEST 2019 Europe Startup InsurTech Award Winner
Watch Genadi Man, CEO, Kasko2Go talk about usage-based pricing model for Motor Insurance using AI and Big Data, keeping customers as their prime focus. Kasko2Go was the Winner of...
QUANTALYSE and Schönenberger Advisory Services: The automotive digital transformation and the economic impacts of existing data access mo...
Article Synopsis : The European aftermarket, or the value chain that keeps a vehicle on the road once purchased, is a big deal. It serves 320 million passenger vehicles and light...
MSIG’s industry-first video interaction technology brings convenience and speed to motor claims process
In Singapore, MSIG has teamed up with Merimen and Wavecell to co-innovate a video chat survey to speed up the motor claims process. The video is called TrueSight Interactive ...
Zurich acquires technology company for auto warranties
Zurich has acquired U.S based Sea Pine Technologies, a provider of digital applications for marketing of vehicle protection products. This acquisition enables Zurich to posit...
How auto insurance can adapt to changing risks
Article Synopsis : Travelers public policy division The Travelers Institute has released a white paper called Insuring Autonomy: How auto insurance can adapt to changing risks, ...
JLT Re partners with InsurTech for Auto Insurance MGA Pact
JLT Re North America has partnered with Pact Insurance, a personal auto insurtech company that allows can buy and manage their car insurance comp...
Root Insurance Closes $51 Million Investment to Expand Customized Auto Insurance
Root Insurance announced its closing of $51mn Series C funding round led by RedPoint Ventures. The company is known for incorporating individual ...
Daimler Financial Services continues to trail blaze mobility-on-demand for global consumers and smart cities
Daimler Financial Services and its portfolio of products and on-demand services are shaping the cities through predictive mobility. The company h...
Avinew, the InsurTech Company for the Age of Autonomous Vehicles, Raises $5 Million in Seed Funding Led by Crosscut
Avinew a Calif.based Insurtech startup specializing in insuring autonomous and semi-autonomous vehicles has announced the raising of $5M in seed funding.
Avinew is des...
Intact invests in self-driving startup
Intact Financial has partnered with Voyage which is a self-driving car startup which runs its taxis in The Villages in Florida, one of the larges...
Life360 and Allstate Form Strategic Relationship to Transform Car Insurance and Personal Transportation
Life360 has partnered with Allstate to provide millions of users with insights into their driving behavior and personalized insurance offers. Alt...
Waymo’s Driverless Application Is Scrubbed of Insurance Details
Waymo, a self-driving technology company has obtained insurance to begin testing autonomous vehicles with no backup drivers on Bay Area roads. The details of the policy have ...
Car2Go car sharing and insurance
Car2Go is a German car rental company which is a subsidiary of Daimler AG providing carsharing services in urban areas in Europe, North America, ...
Ping An Announces AI-Driven Car Insurance Claims Processor
Ping An’s has launched a mobile app that allows drivers to make claims and get compensation deducted from a dynamic credit quota, which is ...
PolicyBazaar Pitch – LIVEFEST 2018 ASIA & ANZ Insurance Innovation Awards
Watch Ashish Gupta, Chief Technology Officer, PolicyBazaar talk about Self-Inspection Video Service on Android & iOS platform to solve the problem of renewals of expired motor ...
The Connected Car – The Future of Auto Insurance panel session @ North America LIVEFEST 2018
Scroll down for the full session video below the infographic Watch the Session Recording
Matteo Carbone from IoT Insurance Observatory speaks @ Connected Car – The Future of Auto Insurance panel session – North America L...
Watch Matteo Carbone from IoT Insurance Observatory share his insights @ Connected Car – The Future of Auto Insurance panel session – North America LIVEFEST 2018 about ...
Mark Breading from Meets Action speaks @ Connected Car – The Future of Auto Insurance panel session – North America LIVEFEST 2018
Watch Mark Breading from Meets Action speaks @ Connected Car – The Future of Auto Insurance panel session – North America LIVEFEST 2018 about different factors and their ...
Assurant Invests in Mojio to Explore Digital Protection and Support Solutions for Vehicle Owners and Partners
Assurant, Inc is partnering with Mojo, a technology platform and SaaS provider for connected cars to explore digital protection and support solutions for vehicle owners and a...
Finalist of The Digital Insurer’s European Insurance Innovation Award 2017 – HDI Sigorta
Thank you, HDI Sigorta! On 19th September 2017 the final presentations for The Digital Insurer Insurance Innovation Awards were held. In this unique format four finalists presented...
Tesla owners share their thoughts on Tesla Insurance
According to the Tesla Insurance website, users can expect up to 20% to 30% of lower rates when compared to other traditional insurance providers.
Canadian auto and property insurance rates headed in oppo...
Average personal auto premium rates in Canada decreased 2.6% in 2020 Q4 compared to the same period in 2019, but some provinces did see an increase, according to the latest resu...
Tesla Service will now include collision repairs
Tesla Services will now include Collison Repairs.
How B.C. is changing the way vehicle repair and replaceme...
British Columbia is changing the way vehicle repair and replacement costs are paid in a move the province’s public auto insurer says will ensure all policyholders receive a cons...
The Gig Economy, Auto Insurance and Surplus Lines
Automobile insurance looks very different today than it did a generation ago. The means by which people (and goods) travel via motor vehicles continue to
2020: Z Old-Timers
This is the second part of our 2020 recap. While the first was dedicated to first-timers, this is mostly about the old-timers; from A to Z.
Credit Karma launches Karma Drive
Credit Karma members can access a 30-day driving trial directly from the Credit Karma app where they will receive feedback on their driving, and after the trial, members are ale...
Progressive backs Credit Karma’s UBI expansion
Credit Karma worked with Zendrive to build driver scoring capabilities into its financial planning app, and Progressive will get the first referrals.
Fitch sees stable outlook for reinsurance sector in 2021 ...
Hardening pricing conditions and stabilising pandemic-related claims are the factors behind Fitch Ratings’ stable sector outlook for global reinsurance in 2021. However, the rat...
Belgian and Dutch insurers set to withstand pandemic shoc...
Insurance markets in the Netherlands and Belgium are well positioned to withstand the pandemic shock, according to Fitch. Fitch has assigned the Dutch insurance sector a stable ...
Uber Introduces On Demand Cash-Out Feature for … &#...
Uber has launched an On Demand Cash-Out feature for driver partners ... which
helps drivers get easy access to life insurance, family health insurance, free ...
Fitch stable on German non-life with commercial price inc...
Fitch has maintained its stable outlook on the German non-life sector for 2021, as it anticipates continued underwriting discipline and growth in commercial premium, driven by r...
The digital evolution of the UK automotive retail and ins...
The UK’s lockdown restrictions have fuelled a sharp rise in fully-digital second hand car purchases – a concept that would...
The 10 best car insurance companies in the US for 2020 – ...
If an accident occurs, a car insurance policy will provide protection against
property damage or bodily injury liability coverage. Other types of specialized
insurance ...
DirectAsia targets car segment
P&C International Insurance News: October 2020
Latest insurance news from around the world. (Photo: Shutterstock) Editor’s note: Here is a summary of the latest US property insurance and casualty news Great Britain the marke...
Nigeria: Almost 10m uninsured vehicles cost motor insurer...
Nigeria:At least 20 insurers have won shareholders' nod to recapitalise; Nigeria:
Regulator to update and revise rules for microinsurance · Nigeria:Call for review
...
Pandemic relief: Keeping the size of auto insurance disco...
Sometimes it’s not just about the size of the pandemic auto insurance discount, but the fact that it was a discount and not a rate hike that makes all the difference to a consum...
Auto Insurance Reform Means Choices For Drivers | WWJ ...
Auto Insurance Reform Means Choices For Drivers. WWJAM: On-Demand.
Tuesday, September 8th. Michigan motorists are making critical decisions on
how ...
The Best Ways to Get Cheaper Car Insurance
Insurance companies consider that policyholders that have a good credit score will pay their insurance bills on time and they are less likely to file insurance claims.
Analysts Predict Trouble Ahead for Personal Auto as Claim...
Insurers are making a bundle on personal auto because claims have plummeted, but the long-term outlook for the line isn't so rosy, analysts say. Fitch
Malaysia’s P&C sector sees “steepestR...
The key resource for accurate, insightful and reliable coverage of Asia’s insurance and reinsurance market.
Getaround (ex-Drivy): How do the insurance and the protec...
When you rent a vehicle on Getaround, your rental is covered by our insurance,
regardless of the protection plan you purchased.
Tesla opens insurance broker in China: reports
Elon Musk-led automotive and energy giant Tesla has set up an insurance broker in Shanghai, China according to reports. Tesla has been public about its
Uber upgrades insurance for drivers in the Netherlands by...
American Family Launches CONNECT, Formerly Ameriprise Aut...
American Family Insurance has renamed the Ameriprise Auto & Home ... With
American Family AI Spinout Arturo to Boost Digital Underwriting Processes.
Root to remove credit scores from pricing model for car i...
Root Insurance has announced plans to remove credit scores as a factor in its car insurance pricing model by the year 2025.
Next Insurance Announces Expansion of Product Offerings W...
Next Insurance, an insurtech seeking to transform small business insurance, ...
Insurtech: Next Insurance Raised $13 Million in Seed Funding to Fix SME ...
Rideshare Insurance Options for Uber and Lyft Drivers ...
If you are unaware of when your insurance coverage begins and when the
rideshare ... [Read: Your Assets and the Sharing Economy: The Ultimate Guide ]
...
Next Launches Tools & Equipment for SMEs in US Market
Tesla Invites Actuaries to Help It Create a ‘Revolu...
According to Zachary Kirkhorn, Tesla's chief financial officer, the company wants
to harness the data from its telematics on its cars and drivers to build the new ...
Why Car Insurance Can Go Up Even For Cautious, Good Drivers
Dealing with the uninsured claims process can be a massive expense for providers. On average, the cost of an uninsured driver's claim is approximately $20,000.
Homeowners Can Pay Cheaper Car Insurance – Digital ...
If they have multiple costly claims or accidents on their driving record, they can
decrease the chance for current insurers to drop them by bundling home and car
...
Chinese motor reforms are “credit negative” f...
The key resource for accurate, insightful and reliable coverage of Asia’s insurance and reinsurance market.
Insurance & protection at Turo
Insurance & vehicle protection for Turo hosts. Third-party liability insurance
provided by Liberty Mutual secured through Turo Insurance Agency, LLC. Liberty
...
Bold Penguin partners with State Automobile Mutual Insura...
Commercial insurance technology provider Bold Penguin has announced the integration of State Automobile Mutual Insurance Company into its platform. Bold
Bold Penguin Grows Commercial Insurance Exchange With ...
... VP/Platform Distribution at State Auto Insurance. "This integration with Bold Penguin is another step in that direction - expanding our digital footprint so we can ...
Financial services company Buckle snaps up Gateway Insura...
Technology-driven financial services company Buckle has acquired Gateway Insurance Company, including its 47 state insurance licenses.
State Auto joins Bold Penguin’s insurance exchange
State Auto currently writes in 33 states with $2 billion in premium. The company offers products in Commercial Auto, Business Owners Policy (BOP), Workers Compensation, Middle M...
Bold Penguin Partners with Ohio’s State Auto on Com...
Bold Penguin, a commercial insurance technology provider, has added Columbus, Ohio-based State Automobile Mutual Insurance Co. (State Auto) to its
Allstate extends Shelter-in-Place Payback through June
Allstate, Esurance and Encompass personal auto insurance customers will receive the extended Shelter-in-Place Payback in June.
Food delivery drivers cautioned that personal insurance m...
But the broker association president also noted that current commercial auto insurance policies might be a poor fit for on-demand food delivery drivers.
A step-by-step guide to car insurance renewal
Unlike before, when renewing a car insurance policy required making several phone calls and ... You may have to show the policy to the authorities on demand.
Consumer groups demand more auto insurance premium relief...
Both consumer groups had collaborated in the creation of report cards, which
rated each insurance companies based on how consumer-friendly their auto ...
Progressive Q1 Results Reflect ‘Significant Impact&...
The Progressive Corp. said its results for the first quarter were "significantly impacted" by the spread of the coronavirus and social distancing and
AI-based Car Repair Cost Calculation Employed for Insuran...
Nine South Korean property insurance companies began to use AOS-α on May 6 for damage assessment incorporating AI-based car repair cost calculation.
Erie Insurance provides auto insurance relief during COVI...
Erie Insurance announced two hundred million dollars in direct dividend ... Polish
insurance company Link4 has partnered with a regtech firm Coinfirm to ...
Reliance Global Group announces its strategic partner Nsu...
Nsure.com is a licensed online insurance agency that utilizes state of the art
digital technology and represents over 40 top-rated insurance companies and its
...
OIC allows brief digital auto policies
Despite the decline in auto insurance policies, car accident claims against other drivers are also down amid low traffic volume due to work-from-home and social ...
More Midwest Insurers Offering Auto Premium Relief to Ins...
More Midwest-based insurers are offering premium payment relief to their auto insurance customers as a result of the COVID-19 health crisis. Branch
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