Telematics

Initiatives such as telematics, AI-driven fraud detection, mobile estimates, and RPA require a cohesive enterprise.

The technology is a great case study in how the modern industry is leveraging technology.

Discover the U.S. cities that are becoming clusters of innovation for the industry.

Existing backers Index Ventures and New Enterprise Associates also participated in the funding.

The insurer gets access to data from participating auto manufacturers, including Mitsubishi.

Take a look at carriers and insurtechs pushing the envelope on what's possible in usage-based insurance.

Telematics, blockchain and RPA are all on the menu at the Worcester, Mass.-based multiline insurer.

Telematics technology from Octo Telematics will power the MyPace program, which launches in July.

Insurer and its Arity and Answer Financial subsidiaries will leverage data collected through Life360 for driver feedback and insurance options.

Insurers may be holding back due to concerns over the perceived cost, a lack of technology skillset, or potential changes in personal auto risks.