Usage-based insurance

Among hires are usage-based insurtech's first chief insurance officer and head of communications.

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

Auto Club South Insurance Company taps The Floow to power smartphone-based telematics program.

Emerging ownership models require rethinking the insurance product, says Allstate subsidiary.

The luxury-car manufacturer says the program is ideal for its customer base, which tends to drive less than the average.

The company has partnered with several vendors to build an ecosystem that addresses claims proactively and quickly.

Cambridge Mobile Telematics will use the money to accelerate its DriveWell platform used by insurers and others to measure driving risk.

Both companies support usage-based insurance programs with their offerings.

Aite Group reports technology companies are trying to sell carriers on the value of incorporating driver feedback and monitoring in their UBI programs.

Claims applications for the technology are opening new opportunities beyond just usage-based insurance programs.

Company capitalizes on new connected-device requirements for truckers to roll out program.

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 ONE Coach platform will use sensor data to identify opportunities for risk-management products tailored to the customer.

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.

In addition, the insurtech, which is looking to establish itself countrywide, is moving into a new 65,000-square-foot facility and recently secured $51 million in additional funding.

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

Carriers must compete on insights from consumer information, not just the convenience of digital-app services.