Usage-based insurance

New products announced by startups this week show companies expanding their portfolios to manage more kinds of risk.

One of her first projects was to develop a Drivewise mobile application that the company could use to collect driving data, rather than depending on customers installing devices.

The company will expand its telematics program, Safety 360, with the move.

The auto insurer believes that better driving information can help make consumers safer while opening up more interaction points for the carrier, according to chief underwriting officer Elaine Montgomery-Baisden.

Commercial insurer will deploy the vendor's analytics platform to fleet and transportation drivers via mobile apps.

Japanese insurer expands its partnership with Cambridge Mobile Telematics, previously launching a program for personal auto last year.

The company's SmartRide UBI program is yielding valuable data, says carrier VP.

The companies worked together to extend drivers personal injury insurance for on-the-job incidents.

App for IntelliDrive is available in two states after insurer worked with TrueMotion to create it.

Modus, founded in 2002, tracks driver performance for carriers and fleet managers to conjure up better risk profiles.