IOT/Telematics

Auto insurance company brands new telematics program for commercial under personal lines program umbrella.

More auto insurance customers are ready to try telematics, giving insurance agents an opportunity to grow their business and enhance relationships, according to a new report from insurer Nationwide.

Credit Karma worked with Zendrive to build driver scoring capabilities into its financial planning app, and Progressive will get the first referrals.

Metromile will combine with a special purpose acquisition company, or SPAC, called Insu Acquisition Corp II.

The telematics insurtech is launching during COVID, but that doesn't deter chief underwriting officer's enthusiasm for its potential.

The carrier has made aggressive moves to partner and enroll more customers in usage-based insurance.

Also: Travelers exec moves to ClarionDoor, more.

Ting's customer-installable sensor monitor the home’s electrical system to detect hazards like arcing from faulty wiring.

The Columbus, Ohio-based company sold 24.2 million shares, together with investors selling 2.6 million shares of their own, at $27 each.

Consumer adoption is steady but still modest, Novarica finds.