Nationwide

Insurance company will more than triple its commitment to insurtech startup investment.

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.

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

The insurer's plans are rooted in understanding the customer journey, says Chetan Kandhari, SVP and chief innovation and digital officer for Nationwide.

Samsara provides inward- and outward-facing dash cams that provide truck drivers with in-cab feedback on their driving.

Agents who aim to become a true “digital powerhouse” should focus their attention in two key areas: digital marketing and streamlined self-service.

Led by Team8 Capital, the round includes three other existing investors, as well as Nationwide and Hannover Digital

The auto manufacturer's TIMS BrightDrive program connects drivers to Nationwide for participation in the insurer's SmartRide.

Working with Zubie and Azuga, carrier launches fleet management product for human services organizations.

The insurer repurposed a former theater for its new ideation site.

Changes in the insurer's C-suite.

SVP and CIO of enterprise applications says the insurance industry has always been fascinating because it is so ripe for technological opportunity.

With both companies based in Columbus, their proximity has facilitated a close working relationship and spirit of collaboration.

Working with Slice Labs, the carrier will offer coverage that only charges when a fare is active on a per-mile basis.

Founder believes by leveraging data new company can provide better rates than most legacy carriers on emerging vehicle type.

SmartMiles expansion to its existing SmartRide usage-based insurance program targets low-mileage drivers.

Insurtech's DriveCam system will be offered to fleet customers of the insurer.

Efficiency has improved under her leadership, utilizing best practices, such as DevOps and end-to-end Agile, to move the organization forward.

By patiently learning the ins and outs of the customer, companies are able to know their clients’ demands, adapt to those changes personalizing those interactions, says Terrance Williams.

While the move proposed for 2020 mostly affects P&C lines, the insurer’s extensive benefits portfolio remains intact.