Usage-based insurance

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.

While technology brings its share of distractions, it also enables tools that can be used to help reduce distracted driving and facilitate good driving rewards through telematics and UBI, says Lexis-Nexis

Insurtech says it hopes to get credit scores out of the underwriting process by 2025.

Consumers are becoming more focused on how much value they're getting from their insurance policy, says survey from Cambridge Mobile Telematics.

Company also is expanding reach beyond best drivers in order to draw more into UBI.

The sharing economy and pandemic-reduced driving volume are raising consumer interest in UBI.

Usage-based insurance startup says revamped offering delivers on brand promise of full digital.

More workers will be home-based either permanently or part-time in the post-COVID-19 era.

Zerology's fleet will leverage anonymized, individual Tesla vehicle data to inform an on-demand commercial insurance product.

New offering uses technology from IMS.

The majority of Ford and Lincoln 2020 model-year vehicles with embedded modems will be able to connect with Allstate’s Milewise program, which is currently in 14 states,