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The pledge follows a distribution tie-up with marine startup Concirrus last year.
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The arrangement will allow drivers to buy and amend insurance on an app, and reward them for safe driving.
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Guidewire chief marketing officer joins the InsurTech’s board
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Pikl provides insurance for the sharing economy, including home and landlord cover for Airbnb hosts.
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The former RMS CEO spoke Wednesday at a marine industry conference.
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The money will be used to expand the company’s on-demand cover to e-scooters and other specialised forms of mobility.
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The companies aim to improve specialty reinsurance cover using Internet of Things data.
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The Fractal policy will provide insureds with all risks coverage from multiple carriers in a single policy.
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InsiderTech London speakers call for a new mindset when it comes to data sharing.
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The transaction cements an earlier underwriting relationship.
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The state’s new insurance commissioner, a former journalist, wants the state to lead the nation in insurance tech start-ups.
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The financing from backers including Nationwide and State Auto brings the Chicago-based InsurTech’s funding to date to $71mn.
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