pay-per-mile auto insurance News
Mile Auto Raises $10.3M, Teams With Ford to Advance Auto Telematics Tech
Mile Auto, a telematics-driven auto insurance MGA, is armed with $10.3 million in new funding. The Atlanta-based InsurTech plans to partner with Ford Motor Company and expand efforts to target ...
Metromile Hires Capital One Vet to Guide National Digital Insurance Growth Efforts
Metromile, a digital insurance platform and pay-per-mile auto insurer, hired a Capital One marketing veteran to help shepherd national growth. Troy Dye, who was with the credit card giant for 20 ...
COVID Shutdowns Drive Demand Surge for Allstate’s Pay-Per-Mile Insurance
The COVID-19 shutdowns that swept the U.S. have been a boon for a newer auto-insurance product: pay-per-mile coverage. During the pandemic, Allstate Corp. has seen interest surge in its Milewise ...
Tokio Marine, a Metromile Investor, Licenses Its AI Claims Platform Tech
Tokio Marine Holdings, the Japanese insurance giant, is the first carrier to license Metromile's artificial intelligence-driven automated claims processing platform. The deal, announced Aug. 7, comes ...
Pay-Per-Mile Auto Insurer Metromile Pulls in $90M Financing Round
Metromile Inc., a pay-per-mile auto insurance provider, raised $90 million in new financing designed to further expand the use of its technology, which includes artificial intelligence for ...
Slice Labs’ Pay-Per-Use Rideshare Insurance App Enters Real-World Test Phase
About a year after its debut, insurance tech startup Slice Labs said it has completed a pay-per-use rideshare insurance app. The next step: testing the technology with "a select set" of rideshare ...