mobility News

Insurtech VOOM, Markel Offering Mileage-Based Motorcycle Insurance

Mobility insurtech VOOM and specialty insurer Markel have teamed up to launch a per-mile insurance offering for motorcycles in select states. VOOM will distribute the per-mile product both directly to riders and through select partners while Markel will provide underwriting …

Marsh Launches UK & Ireland Sharing Economy & Mobility (SE&M) Industry Group

Marsh, the insurance broker and risk adviser, has launched a dedicated Sharing Economy & Mobility (SE&M) industry group in the UK & Ireland. Led by Sam Tiltman, the group brings together over 25 sector specialists encompassing insurance placement and risk …

Munich Re’s Libman Joins Liberty Mutual’s Shared Economy/New Mobility Team

Liberty Mutual Insurance has appointed Max Libman as lead underwriting consultant for its national Sharing Economy & New Mobility unit. The dedicated Sharing Economy & New Mobility practice was launched earlier this year. The practice helps ride-hailing, vehicle-sharing, car subscription …

Scooter Riders Advised to Avoid Insurance Pothole

We’ve all seen reports about head injuries, traffic accidents and even deaths that electric scooter riders have suffered as the popular new mobility option has pushed onto the streets in more than 100 cities worldwide. Despite the dangers, riders are …

Turning Sharing Into a Sales Pitch for Pricier New Cars

The ability to rent his car to strangers for cash convinced Trevor Davis, a high-school teacher in Dallas, to buy a brand-new Honda Civic instead of a used car. “I was going to get something real cheap, an inexpensive second …

Carmakers on Mobility Utopia: ‘Show Us the Money’

Jim Hackett’s first job at Ford Motor Co. was to figure out ways to make money that didn’t involve selling cars. One of his first big decisions as the executive in charge of smart mobility, a catch-all term for app-driven …

Marsh Names AIG’s Bauer as Sharing Economy, Mobility Practice Leader

Robert Bauer has joined insurance broker Marsh to lead its U.S. Sharing Economy & Mobility Practice. Bauer will focus on developing and delivering products and services to companies operating in the new economy, working with others across Marsh including Marsh’s …

JLT Re Partners with Insurtech for Auto Insurance MGA Pact

Reinsurance broker JLT Re North America is partnering with Pact Insurance, a personal auto insurtech company, to develop digital insurance products for mobility risks. Pact is a managing general agency headquartered in San Francisco and currently offers low cost, on-demand …

Car Use No Longer Growing in Developed World, But Why?

Car use appears to have leveled off and even started falling in many of the world’s advanced economies long before the global downturn in 2008, according to transport experts. The slowdown brings to an end several decades in which car …