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One company, Vitable, raised $1.6 million last year and got a bunch of valuable introductions from its new partners at SoftBank, including executives from Lemonade.
June 7
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A little-known automaker in China’s southwest has dominated the world’s largest electric car market, outselling bigger players and even Tesla Inc. almost every month with a tiny, bare-bones EV that starts at just $4,500.
June 7
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Checking in on new roles around the industry.
June 7
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Instead of reacting to incidents, auto insurers can promote and reward good driving habits, which can be incentivized by discounts and rewards.
June 3
Zendrive -
The Consumer Federation of America advises insurers to take certain steps to ensure policyholders who opt for usage-based insurance are protected.
June 2
Consumer Federation of America -
Deutsche Bank, Groupon alumni started the company in 2015.
June 1
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Storm-related reconstruction costs — a large share of which may be concentrated in the New York City area — are estimated to total $1.9 trillion for water damage and $8.5 trillion for wind damage.
June 1
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The disupute was over the licensing of wireless technology patents in cars.
June 1
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There were 33 funding rounds in the insurtech sector recorded by Crunchbase between May 1 and May 28, 2021, according to a review by Digital Insurance. What follows is a selection of these. For our previous edition, which covered the month of April, click here. These updates will continue on a monthly cadence.
June 1
