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USAA Expands Telematics Auto Insurance App SafePilot to 7 More States

May 19 2021 // Military family-focused insurer USAA is expanding its SafePilot program to seven additional states, bringing the total where the telematics program is available to 23. The new states are Alabama, Colorado, Minnesota,...

MGA Pouch Debuts With ILS Capital Backing, Telematics for Small Commercial Fleets

May 13 2021 // Pouch, an insurtech MGA using telematics to reward small businesses for safe driving, disclosed it has raised some initial financing that will help accelerate its launch into the commercial auto insurance market. ILS...

Middle Market Firms May Be Untapped Telematics Opportunity

Dec 9 2020 // Middle market business owners may be more interested in vehicle telematics insurance products than their agents realize. Approximately 14 percent of agents surveyed for insurer Nationwide responded that they don’t...

UK Insurtech Zego Buys Telematics Firm Drivit to ‘Revolutionize’ Insurance Pricing

Dec 9 2020 // Zego, the London-based mobility insurance provider and the first UK insurtech to be awarded an insurance license, has acquired telematics company, Drivit. The deal, which will enable Zego to collect real-time driver...

Insurtech Zego Partners with Telematics Firm ABAX to Lower Fleet Insurance Costs

Jun 11 2020 // Insurtech Zego has partnered with global telematics firm ABAX in a move designed to drive down the cost of insurance for fleet owners. While some fleets already use on-board telematics devices to improve efficiency, many...

Why Current Cyber Risk Management Techniques Are Inadequate

May 18 2020 // Insurers have been blindly moving to expand access and coverage in cyber insurance despite their inability to confidently assess and quantify holistic cyber risk. Visibility of the exposure remains poor, and overstated...

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