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Carmakers moved steadily to include more and better advanced features; now, they’re stripping some of them out.

Also: New data hire at Amerilife, European expansion at Insurify.

In partnership with Allianz Life and Securian Financial, five insurtech startups will participate in a three month accelerator program.

A selection of notable investments in insurance startups.

The company also hired a CISO, data and analytics director, and several VP-level employees.

Insurers could see retention rates drop if they neglect to defend existing revenues through product and distribution innovation.

Peer-to-peer platforms create a market for car-sharing to link parked vehicles with those in need of a ride.

The major increases included both mega-rounds and an influx of early-stage companies.

AI systems that aggregate data from actual anonymized claims, bills and other data could be trained to identify and update records, managing identities persistently and in real time.

Willard Lee joined the company in 2003.