Digital distribution

(Bloomberg) --U.K. car and home insurer Admiral Group Plc is considering a potential sale of its price comparison platform Penguin Portals, according to people familiar with the matter.

Ecosystem orchestrators and participants, such as car-sharing service vendors, could also collect and integrate massive amounts of data from different services

South Carolina is the eighth state where Farmers has expanded access to branded products since 2011.

The Massachusetts-based insurtech also has raised $23 million in Series A funding.

Razer is looking to tap into its user base that is largely underserved by traditional financial companies.

The insurer will still sell policies over the internet as it phases out the Esurance name next year and reworks how consumers are directed to its web-based platforms and agencies.

Formerly Verifly, company has rebranded to bring short-term commercial policies to a range of professions.

Launch of Des Moines-based BrokerTech Ventures shows distributors increasingly interested in digitalization.

As the leader of what’s effectively a startup, “you find yourself doing a lot of things like assembling desks and reloading the copier and washing dishes," she says.

The reinsurer will begin writing policies through an online-only syndicate on Jan. 1.

Geospatial data company Arturo has been incubated within AmFam and is working with external partners as well.

The carmaker won’t use or record vehicle data when pricing insurance, it says on the site

The Quipcare app is an avenue for consumers to access insurance-like benefits digitally without using legacy carriers.

Younger customers are shopping for auto insurance at twice the industry average, thanks to ease of access, says Transunion.

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

The goal is to help expand business to new channels and geographies using the digital platform.

Insurers trying to reach entrepreneurs are trying more data-driven automation to speed the process.

It is possible that carriers and agents could use digital to preserve and expand their customer relationships, doing an end-around on those that would disintermediate them.

Digital platform provides pricing information for business owners, worker’s compensation, general liability policies, and professional liability lines.