#InsurTech / Kiwi founder rolls out insurance analytics firm Pilotbird

New York-based insurtech startup Kiwi founder Evgeny Aleksandrov has introduced a new lifestyle analytics solutions firm, dubbed Pilotbird. The new company is designed to offer risk scoring, customer acquisition, and claims verification services for property and casualty (P&C) and life insurance firms via leveraged social data. [Evgeny Aleksandrov:] “We can provide carriers with risk andContinue reading “#InsurTech / Kiwi founder rolls out insurance analytics firm Pilotbird”

#InsurTech / Metromile Launches Ride Along to Demystify Pay-Per-Mile Car Insurance

Metromile, the leading pay-per-mile car insurance company in the U.S., today announced the launch of Ride Along, a free new way for drivers to understand if their driving can result in a lower car insurance rate before they sign up. More than 124 million Americans could be overpaying for car insurance, missing out on asContinue reading “#InsurTech / Metromile Launches Ride Along to Demystify Pay-Per-Mile Car Insurance”

#InsurTech / Daimler and Swiss Re launch new company Movinx to transform automotive and mobility insurance business

The aim is to develop fully digital automotive and mobility insurance products that both fulfill changing customer needs and offer best-in-class service quality. [CEO Daimler Insurance Services:] … Our joint long-term ambition is to unlock an ecosystem interplay where insurance supports the introduction of new technologies such as advanced driving assistance systems and autonomous carsContinue reading “#InsurTech / Daimler and Swiss Re launch new company Movinx to transform automotive and mobility insurance business”

#InsurTech / Next Insurance closes on $250 million, bolstering insurtech momentum CapitalG, Alphabet’s investm ent arm, led the Series D round

Insurtech startup Next Insurance has raised another $250 million in funding, pushing its valuation over the $2 billion mark. “Next Insurance is modernizing insurance for small business owners — making it fast and simple to get broad, customized coverage… We believe that there is an opportunity to use technology to transform the small business insuranceContinue reading “#InsurTech / Next Insurance closes on $250 million, bolstering insurtech momentum CapitalG, Alphabet’s investm ent arm, led the Series D round”

#InsurTech / Ford Teams Up With Pay-Per-Mile Insurer Metromile

Ford Motor Co. has teamed up with Metromile, an insurer that offers pay-by-the-mile insurance plans geared toward drivers who spend relatively little time behind the wheel… The arrangement will capitalize on technology developed by Ford and other major automakers that in sends real-time data to the companies about cars’ whereabouts and other information. Metromile saysContinue reading “#InsurTech / Ford Teams Up With Pay-Per-Mile Insurer Metromile”

#InsurTech / Lemonade rival Hippo raises $150m financing round

Hippo Enterprises, a competitor to home insurance technology business Lemonade, has closed a $150 million financing round… Hippo, which was valued at about $1 billion in a funding round last year, is preparing for a potential initial public offering… [CEO:] “In 2021, we’ll be ready to go public,” … Lemonade, a homeowner insurance provider backedContinue reading “#InsurTech / Lemonade rival Hippo raises $150m financing round”

/ InsurTech / Now Available On Amazon In India: Auto Insurance

… the mega eCommerce website will soon begin offering auto insurance in India, the first of its kind. Acko General Insurance, a digital insurance startup in India, has reached an agreement with Amazon Pay, the unit’s payments arm in India, to offer car and motorcycle insurance… The insurance is available on Amazon’s app and mobileContinue reading “/ InsurTech / Now Available On Amazon In India: Auto Insurance”

InsurTech Hippo Closes On $150M On $1.5B Valuation

Hippo, the tech startup that provides home insurance digitally. [Co-founder and CEO:] “We set out to change the relationship between homeowners and home insurance by offering more value and services in each interaction with our customers… We’ve seen tremendous growth over the last three years since launch, by leveraging technology wisely and reimagining the customerContinue reading “InsurTech Hippo Closes On $150M On $1.5B Valuation”