MSI is leading Upstream’s C-Round as part of a larger investment round that will be announced by Upstream during the second quarter of 2021.
As the industry continues a new digital awakening and adapts to market changes, new customer expectations, and global demands, those insurers willing to adopt a different mindset and leverage the latest technology to accelerate growth will accelerate their growth and position themselves in a new era of market leaders.
The InsurTech MGA will use the funding to launch an auto insurance product that removes rate factors that it says result in unfair rates to its Spanish-speaking target customers.
Auto insurers are redefining themselves as mobility companies and in the future will be seeking to own the mobility experience using a vast mobility ecosystem, ideally building those ecosystems around their brands.
The solutions enable auto insurers to operationalize usage and behavioral data to respond to changing consumer demand with agility and precision.
To reach customers who are at once tech-savvy and demanding, insurers needs to leverage the latest technologies and incorporate three major industry shifts into their planning.
Snapshot ProView builds on the insurer’s Smart Haul program by offers instant savings and smart business tools to commercial operators not required by federal law to have an ELD.
TrackMRI is a safety-focused telematics solution, powered by IMS’ DriveSync connected car and telematics platform.
IMS One App counters ‘driver feedback fatigue’ by making telematics more accessible, boosting engagement, and improving program ROI.
IMS is now technology provider for the insurer’s SmartMiles pay-per-mile insurance program and its SmartRide discount program.