Waze app users need not be Allstate policyholders or members of a roadside service to receive assistance through Allstate’s Good Hands Rescue service.
The firm will phase out the Esurance brand during 2020 and redirect funding to drive increased policyholder engagement and create greater customer value.
Allstate reports that it is the first U.S. company to use a new digital disbursement method available through partnership with Bank of America Merrill Lynch.
Allstate says it will consider using aerial imagery in other parts of the country to assess wind and hail claims as well as for other types of losses.
Responding to hail damage, Allstate used multiple drones to test image quality, damage analysis tools and customer response to the technology.
The acquisition will help the rapidly growing startup to continue its mission of disrupting a $20 billion dollar industry, according to one of its original investors.
Ginger Purgatorio, SVP, Allstate discusses the addition of the industry’s first telematics-based auto insurance price that flexes from week-to-week.
The carrier seeks to connect with entrepreneurial companies that can solve challenges and streamline efficiencies related to all aspects of the claims process, including an interest in digital customer experience, data analytics, and Internet of Things technologies.
EagleView’s fixed-wing based solution derives accurate measurements quickly, allowing Encompass to more accurately underwrite and price insurance coverage.
Company adds data, safety and risk management expertise to group focused on shaping how cars share the road in the future.