Usage-based insurance

General Motors, Ford, and Honda are already members of the exchange, which connects multiple automakers and other data partners with insurers.

MilesMyWay was in development pre-pandemic, but was prioritized as the carrier saw habits change.

New customers are signing up for the carrier's SafePilot UBI program at a 50% clip, and leadership says more focus on the currently-serving customer segment is in the future.

Drivers of Ford and Lincoln connected vehicles will be able to opt in to letting Arity score their driving data for UBI purposes.

Claims costs went up despite fewer miles driven, and other surprising results.

Also: news from insurtechs Buckle, Foxquilt, Smartcar, True Mileage

The benefit goes beyond compliance: It allows an organization to demonstrate that they are prioritizing the consumer's privacy expectations.

The appeal of telematics to insurers lies in its potential to improve loss ratios through active engagement with policyholders.

Auto insurance company brands new telematics program for commercial under personal lines program umbrella.

More auto insurance customers are ready to try telematics, giving insurance agents an opportunity to grow their business and enhance relationships, according to a new report from insurer Nationwide.

Credit Karma worked with Zendrive to build driver scoring capabilities into its financial planning app, and Progressive will get the first referrals.

Metromile will combine with a special purpose acquisition company, or SPAC, called Insu Acquisition Corp II.

The telematics insurtech is launching during COVID, but that doesn't deter chief underwriting officer's enthusiasm for its potential.

The carrier has made aggressive moves to partner and enroll more customers in usage-based insurance.

The Columbus, Ohio-based company sold 24.2 million shares, together with investors selling 2.6 million shares of their own, at $27 each.

Consumer adoption is steady but still modest, Novarica finds.

Metromile says the coronavirus pandemic has increased customer interest in its product, with squeezed consumers looking for ways to reduce their costs.

Those who choose to sign on get full access to Metromile's suite of products.

The Federal Highway Administration recently published success stories, one of which included the use of telematics technology in action.

Progressive and others see opportunities to increase adoption as technology base grows.