MetroMile

  • Startups want to change what you insure and how you insure it Crunch Network

    Startups want to change what you insure and how you insure it

    In an insurer’s ideal world, there’d be a profitable policy for every conceivable risk. Click once, and you’re covered. But in the real world, insurance hasn’t kept up with the changes of recent years. The millennial generation has entered adulthood intent on completing — online — any complex transaction in a couple of minutes. But insurance policies look… Read More

  • VCs love insurance, even if you don’t Crunch Network

    VCs love insurance, even if you don’t

    At first blush it may seem like insurance and venture capital make an odd couple. Venture capital is all about taking big risks for the potential of even bigger payouts down the road, while insurance is all about quantifying and mitigating risk. But make no mistake, there are vast sums of venture dollars going into insurance deals. Read More

  • Pay-per-mile insurance startup Metromile raises $191.5M, acquires Mosaic Insurance

    Pay-per-mile insurance startup Metromile raises $191.5M, acquires Mosaic Insurance

    The automotive industry is in flux with the rise of self-driving and electric cars, and the concept of car ownership altogether being thrown into question. With this, the car insurance industry is changing, too, and now, an on-demand car insurance startup has raised a large round of funding as it aims to be leader of that change. Metromile, the provider that lets you pay-per-mile for… Read More

  • The case of alpha business models and beta technology Crunch Network

    The case of alpha business models and beta technology

    Allstate is on a mission to vertically develop its telematics expertise and find new sources of revenue across different sectors by launching a new standalone unit called Arity (dedicated to data collection and analytics). It’s no surprise that Allstate’s own brands, such as Esurance and Answer Financial, are clients. It’s a start on the path to the unknown. Read More

  • The Next Billion-Dollar Insurer Crunch Network

    The Next Billion-Dollar Insurer

    Venture capital-backed insurance success stories have risen at a regular drumbeat over the last few years: 2011 brought the billion-dollar Esurance acquisition, 2012 brought the wildly successful Guidewire IPO, 2013 brought the large Climate Corp. acquisition and 2014-2015 brought Zenefits to prominence. Each of these companies pulls a piece of the insurance industry kicking and screaming into… Read More

  • Baby, We Won’t Drive Our Cars: The Future Of Automotive Transportation Crunch Network

    Baby, We Won’t Drive Our Cars: The Future Of Automotive Transportation

    “Transportation tech is not only changing how we get from A to B, it’s fundamentally altering the underlying infrastructure of our cities.” Read More

  • Metromile Launches Uber Car Insurance Where Drivers Only Pay For Personal Miles

    Metromile Launches Uber Car Insurance Where Drivers Only Pay For Personal Miles

    Uber covers drivers with $1 million of insurance when they’re on the job, but they still have to buy personal car insurance even if they hardly drive off-the-job. But now, Metromile and Uber have developed a seamless personal/commercial per-mile car insurance plan for Uber drivers that uses a cellular gadget that plugs into their vehicle’s diagnostic port. It connects with Uber… Read More

  • SF Engineer Dan Ha Has Been Missing Since Halloween Night

    SF Engineer Dan Ha Has Been Missing Since Halloween Night

    Dan Ha, an iOS developer at a San Francisco startup called Metromile, has been missing for almost a week. According to the CEO of the company, Dan Preston, who reached out to TechCrunch to help find his employee, Ha went home sick on Thursday afternoon and no one has seen or heard from him since Friday night, October 31, at 8pm. Read More

  • Metromile Launches Per-Mile Car Insurance That Could Save Californians 40%

    Metromile Launches Per-Mile Car Insurance That Could Save Californians 40%

    Plug Metromile’s free gizmo into your car and you can stop overpaying for car insurance if you’re amongst the 70% of people who drive under 10,000 miles a year. Today Metromile expands its per-mile car insurance to California following success disrupting traditional insurance in Oregon, Washington, and Illinois. It’s also revamping its free app that can tell you if something… Read More

  • MetroMile Launches Per Mile Car Insurance And Free Driving Analytics Device

    MetroMile Launches Per Mile Car Insurance And Free Driving Analytics Device

    Seventy percent of American car owners overpay for insurance because they don’t drive much. Luckily, today MetroMile comes out of stealth to launch its per mile car insurance. The $14 million-funded MetroMile gives away a plug-in device for your car that connects to a free app that teaches you how to spend less on gas and shorten commutes. If you drive a little, you could save a lot… Read More