November 14, 2023
ORLANDO, Fla. — Cameras. One showing the driver and another facing forward. Those can be the keys to avoiding nuclear verdicts after auto and truck crashes, especially for companies with fleets of vehicles and relatively inexperienced drivers, two Crum & …
January 20, 2022
Commercial motor insurer Zego announced a European expansion plan by launching in the Netherlands and ramping up operations in France, while aiming to identify other target territories during 2022. The company, which became the UK’s first insurtech unicorn last year, …
October 14, 2021
Humn, a UK-based insurtech MGA focused on data-driven commercial fleet insurance, has raised $13.7 million in new financing. The money will fuel, in part, further development of its technology and a European expansion. BXR Group and Shell Ventures led the …
September 20, 2021
Cover Whale Insurance Solutions Inc., a Rancho Santa Margarita, Calif.-based insurtech, is partnering with excess and surplus lines insurer Everspan Indemnity Insurance Co., to offer a commercial trucking insurance program. Cover Whale offers underwriting and data tracking via its proprietary …
February 16, 2021
The Progressive Corp. is acquiring Indiana-based trucking industry insurer Protective Insurance Corp. in a move that will increase its stake in the commercial lines insurance market. Progressive has agreed to pay $23.30 per share in cash, for a total transaction …
December 23, 2020
Cover Whale, an insurtech with a specialty niche in the trucking and transportation segment, has expanded its trucking insurance products to include a fleet insurance program. Fleet managers and select insurance brokers now have access to the Cover Whale online …
December 16, 2020
Zego, the London-based fleet and mobility insurance provider, has received a broking license from the Dutch regulator AFM. The license provides a foundation for the company’s continued expansion across Europe, enabling it to work with EU-based insurance partners and customers, …
December 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 behavior data in-house, signals the company’s intent to …
October 2, 2020
London-based insurtech Zego has partnered with two of the UK’s biggest networks of independent brokers that sit within Bravo Group. Zego will benefit from access to a community of over 700 brokers, more than 60% of the UK independent broking …
June 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 still operate without them, said …