Telematics

In other news: Liberty Mutual launches insurance agency; Neptune Flood releases carbon-neutral plan; New York Life announces CEO-elect.

The acquisition is a win for Lemonade’s recently launched car insurance product. Metromile has a decade of driving data based on its usage-based model and it operates licenses in 49 states, all of which will be merged into a single company, if the deal goes through.

Arity, a mobility data and analytics company founded by Allstate in 2016, has made its nearly 100 million driving risk scores exclusively available on Transparent.ly, a platform for auto insurance marketers to leverage leads and target shoppers.

In other news: AgentSync acquires Finvera; Cart.com teams up with Extend; SkyWatch launches usage-based insurance with Global Aerospace.

In other news: Allstate closes $400M sale of New York life, annuity business; USAA partners with Blink by Chubb; Zurich North America implements Chisel AI.

Three years ago, Amazon.com Inc. issued an invitation that seemed too good to pass up: Start your own company and earn as much as $300,000 a year delivering packages for the world’s largest online retailer.

Globally, 72% of respondents said they would share some personal data with their insurer but when broken down by gender, only 68% of women and 75% of men said they would share.

Keynova Group released its Q3 2021 Mobile Insurance Scorecard, which evaluates the mobile websites and mobile apps from the 12 largest U.S. property and casualty firms. Geico placed first overall and leads scoring in mobile web and app.

In other news: Amerisure implements One Inc ClaimsPay tech; California drivers report distracted driving is getting worse; HSB adds social media income to home cyber protection.

Chief Executive Officer Elon Musk has said that on Friday, the electric-car maker will roll out an updated version of its Full Self-Driving beta software, which until now has only been available to roughly 2,000 people.

In other news: Ethos adds board members, new executives; One Inc partners with Mastercard on insurance payments; and Notion, a Comcast company, works with Honey Insurance in Australia.

Challenge comes with increased awareness of structural racism in financial services.

In other news: Nexar partners with New York’s Black Car Fund and Hannover Re collaborates with ExamOne.

The data and decision-making insights gathered from IoT devices have been revolutionary for insurers, and the potential of this technology is just starting to be realized.

Carriers can determine people-related risks by gauging how densely they are packed into spaces, how they’re behaving and moving and if building or space occupancy exceeds fire code guidelines.

Joe Wodark was recently named VP and GM of Verisk’s Internet of Things (IoT) and telematics business.

New company will offer Spanish-language telematics programs.

Both interested parties and actively using parties have increased in volume.

Newly combined company boasts more than 20 clients among the top 25 U.S. insurance companies.

Partnership allows connected-car owners to get Root usage-based insurance by using their car's data.