Vehicle insurance

HONK Supports Rapidly-Expanding Startup Branch Insurance with Digitally-Driven Roadside Assistance Solutions

Retrieved on: 
Tuesday, May 11, 2021

b'LOS ANGELES, May 11, 2021 /PRNewswire/ -- HONK Technologies , the digital platform connecting drivers and towing professionals, announced today it is supporting Branch Insurance , the startup that pioneered bundling home and auto insurance online, by providing fast, next-generation roadside assistance services to its auto insurance members.

Key Points: 
  • b'LOS ANGELES, May 11, 2021 /PRNewswire/ -- HONK Technologies , the digital platform connecting drivers and towing professionals, announced today it is supporting Branch Insurance , the startup that pioneered bundling home and auto insurance online, by providing fast, next-generation roadside assistance services to its auto insurance members.
  • HONK shares this passion for ease of use and, through its comprehensive digital platform, began offering Branch members roadside assistance solutions in 2019.
  • Since then, Branch has embarked on its national expansion and HONK continues its support by delivering intuitive roadside assistance to Branch members in 8 states.\n"HONK doesn\'t use archaic processes that rely on high customer effort to complete simple tasks like requesting roadside assistance," said Charlie Wendland, Head of Claims at Branch.
  • HONK provides the ideal "plug and play" solution for Branch without sacrificing the quality of the roadside experience.

The Best 7 Tips That Will Help Senior Drivers Get Affordable Car Insurance

Retrieved on: 
Thursday, May 6, 2021

This means that the demand for affordable car insurance for senior drivers is also increasing.

Key Points: 
  • This means that the demand for affordable car insurance for senior drivers is also increasing.
  • The more senior drivers are on the roads, the higher are the chances for an accident to happen.
  • Nevertheless, senior drivers can obtain affordable car insurance if they follow the next tips:\nLook for senior driver discounts.
  • Comparing online car insurance quotes can help senior drivers discover better insurance deals than the ones they currently have.\nCompare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes.

Metromile Plans to Adopt Bitcoin to Offer Drivers More Choice

Retrieved on: 
Thursday, May 6, 2021

Metromile will be the first insurance company to both accept premiums and pay claims in cryptocurrency.\nMetromile will purchase $10 million of bitcoin in Q2 2021 to adopt cryptocurrency as an additional choice for insurance premiums and payment of claims.

Key Points: 
  • Metromile will be the first insurance company to both accept premiums and pay claims in cryptocurrency.\nMetromile will purchase $10 million of bitcoin in Q2 2021 to adopt cryptocurrency as an additional choice for insurance premiums and payment of claims.
  • Metromile believes allowing cryptocurrency payments will support its commitment to fairer insurance and promote financial resilience for policyholders as cryptocurrency becomes mainstream and a more significant portion of consumers\xe2\x80\x99 assets.\n\xe2\x80\x9cMetromile gives drivers control over how they want to pay for insurance.
  • Claims are handled quickly, and in many cases, are fully automated.
  • With data science as its foundation, Metromile offers real-time, personalized auto insurance policies by the mile instead of the industry\xe2\x80\x99s reliance on approximations that have historically made prices unfair.

For Indianapolis Associate Kevin Ochs, “GEICO Allowed Me to Be Me and Thrive in My Professional and Personal Life”

Retrieved on: 
Wednesday, May 5, 2021

When a former co-worker came into his restaurant, she mentioned that she currently worked at GEICO and encouraged him to apply.\nOchs was still on the fence.

Key Points: 
  • When a former co-worker came into his restaurant, she mentioned that she currently worked at GEICO and encouraged him to apply.\nOchs was still on the fence.
  • The industry just didn\xe2\x80\x99t excite me,\xe2\x80\x9d Ochs said.\nBut, after hearing about the benefits and the stable work schedule, Ochs decided to give it a try.
  • He went on the hiring website and looked at all the opportunities and settled on a liability claims position.\nStill, Ochs wasn\xe2\x80\x99t sold on GEICO being his long-term employer.
  • Along with personal auto insurance, commercial auto and personal umbrella coverages are also available.

Guidewire Unveils End-to-End Usage-Based Insurance Solution

Retrieved on: 
Wednesday, May 5, 2021

b'Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers trust to engage, innovate, and grow efficiently, today announced the availability of Guidewire\xe2\x80\x99s Usage-Based Insurance Solution.

Key Points: 
  • b'Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers trust to engage, innovate, and grow efficiently, today announced the availability of Guidewire\xe2\x80\x99s Usage-Based Insurance Solution.
  • That will result in strong new business growth across the sector.\xe2\x80\x9d2\nAvailable exclusively on Guidewire Cloud, Guidewire\xe2\x80\x99s UBI solution accelerates deployment with a prebuilt package of capabilities, services, and integrations with Guidewire PartnerConnect Solution partners, Cambridge Mobile Telematics and TrueMotion for telematics.\n"Personal lines insurers want to offer UBI as fast as possible to their customers, and with Guidewire they can in just a few months,\xe2\x80\x9d said Eugene Lee, senior vice president and general manager, Guidewire.
  • \xe2\x80\x9cAs the pandemic continues, so do the financial hardships faced by many households," said Matthew Turack, president of CAA Insurance Company.
  • \xe2\x80\x9cIn response, we quickly launched a new MyPace product using Guidewire to help our customers who were working from home save on auto insurance costs.

8 Tips That Will Help Drivers Pay Less On Car Insurance

Retrieved on: 
Tuesday, May 4, 2021

One area where drivers should look is car insurance.

Key Points: 
  • One area where drivers should look is car insurance.
  • There are several things drivers can do both today and over time that will lower their car insurance premiums.\nTo save money on car insurance, drivers can do the following:\nDrive safely.
  • Also, some companies are offering customized policies where drivers can pay insurance only for the miles driven.\nImprove the credit score.
  • However, if they get involved in a car accident, they will have to pay out more money out of their pockets before the insurance kicks in.\nFor additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.org/\nCompare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes.

ProfNet Expert Alerts for April 30, 2021

Retrieved on: 
Friday, April 30, 2021

This might happen to the same driver multiple times, so it put drivers in fear of getting caught each time they drove their vehicle.

Key Points: 
  • This might happen to the same driver multiple times, so it put drivers in fear of getting caught each time they drove their vehicle.
  • The State\'s District Attorneys Council that handles uninsured motorists, knew this was a losing battle, and took a different approach with the UVED program.
  • "\nIntimacy expert to millions, Susan Bratton is a champion and advocate for all who desire intimacy and passion their whole life long.
  • He advocates for America to unshackle a potential $1 trillion industrial hemp economy to build a prosperous and sustainable future.

Auto Insurance Shopping Surged during Pandemic in 2020 but Little Brand Differentiation Apparent, J.D. Power Finds

Retrieved on: 
Thursday, April 29, 2021

Power 2021 U.S. Insurance Shopping Study,SM released today, insurers\xe2\x80\x99 efforts to differentiate themselves in the marketplace will increasingly hinge on bringing more innovative customer solutions to market.\nThis press release features multimedia.

Key Points: 
  • Power 2021 U.S. Insurance Shopping Study,SM released today, insurers\xe2\x80\x99 efforts to differentiate themselves in the marketplace will increasingly hinge on bringing more innovative customer solutions to market.\nThis press release features multimedia.
  • Following a period of massive disruption and a prolonged, uneven recovery, auto insurance customers have a heightened expectation about factors such as price, flexibility and coverages.
  • This past year saw another 3% year-over-year increase in auto insurance customer migration to the five biggest insurers.
  • Power auto shopping tool can be found at JDPower.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210429005044/en/\n"

The Hanover Adds Motorcycle Insurance to Personal Lines Product Suite

Retrieved on: 
Wednesday, April 28, 2021

b'WORCESTER, Mass., April 28, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG)today announced the addition of motorcycle insurance coverage to The Hanover\'s suite of personal insurance products.\nWith motorcycle coverage for touring bikes, cruisers, sport bikes, scooters, motorcycle cargo, transport trailers and more, The Hanover offers its independent agents a well-rounded product that can be bundled with home and auto policies, and tailored to each customer\'s unique needs, featuring a streamlined quoting process in The Hanover\'s TAP Sales platform.\n"We\'re excited to bring this coverage to our agent partners and our customers," said Daniel Halsey, president of personal lines at The Hanover.

Key Points: 
  • b'WORCESTER, Mass., April 28, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG)today announced the addition of motorcycle insurance coverage to The Hanover\'s suite of personal insurance products.\nWith motorcycle coverage for touring bikes, cruisers, sport bikes, scooters, motorcycle cargo, transport trailers and more, The Hanover offers its independent agents a well-rounded product that can be bundled with home and auto policies, and tailored to each customer\'s unique needs, featuring a streamlined quoting process in The Hanover\'s TAP Sales platform.\n"We\'re excited to bring this coverage to our agent partners and our customers," said Daniel Halsey, president of personal lines at The Hanover.
  • "The addition of motorcycle insurance to our portfolio will help our agents write the total account for their customers, making it easier and more efficient for their agencies while better protecting their customers with a suite of personal insurance coverages from a trusted carrier.
  • For more information, please visit: hanover.com/motorcycle-insurance .\nThe Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States.
  • Together with its agent partners, The Hanover offers standard and specialized insurance protection for small and mid-sized businesses, as well as for homes, automobiles, and other personal items.

MOTER Technologies Launched to Commercialize Connected Car Data

Retrieved on: 
Tuesday, April 27, 2021

b'TORRANCE, Calif., April 27, 2021 /PRNewswire-PRWeb/ -- Aioi Nissay Dowa Insurance Services USA (Aioi USA) has launched MOTER Technologies, Inc., a software development and data science company in Los Angeles, to leverage the organization\'s capabilities in the efficient use of connected car data to understand driving risk and produce insights into driving and safety.

Key Points: 
  • b'TORRANCE, Calif., April 27, 2021 /PRNewswire-PRWeb/ -- Aioi Nissay Dowa Insurance Services USA (Aioi USA) has launched MOTER Technologies, Inc., a software development and data science company in Los Angeles, to leverage the organization\'s capabilities in the efficient use of connected car data to understand driving risk and produce insights into driving and safety.
  • Additional applications for the MOTER data science platform include predictive maintenance, mobility fleet services, battery analysis and advanced safety system performance evaluation.\n"After many years of working with data for usage-based insurance, my ultimate goal was to bring our insurance data analytics software, MOTER, to the car itself," says Kenji Fujii, CEO of MOTER Technologies.
  • "MOTER will deliver the most efficient and effective ways to leverage connected car data, enabling broader usage and bridging the gap between the automotive and insurance ecosystems.
  • A key aspect of this shift is commercialization of connected car data and its many applications.\n"We\'ve developed a lot of expertise in working with the treasure trove of data produced by modern vehicles," says Craig Lozofsky, COO of MOTER Technologies.