VIU by HUB (VIU), an omnichannel insurance brokerage platform, has partnered with Mile Auto to introduce an innovative solution for accessing affordable car insurance based on individual driving habits.
This collaboration enables VIU customers to benefit from Mile Auto’s pay-per-mile insurance model, allowing them to pay only for the miles they drive, coupled with a low monthly base rate.
Additionally, Mile Auto will leverage VIU’s digital omnichannel platform to enhance customer acquisition efforts and expand its customer base.
The move signifies a strategic alignment focused on delivering innovative and personalised insurance solutions to customers. By combining VIU’s omnichannel distribution capabilities with Mile Auto’s tech-driven insurance offerings, both companies aim to enhance customer satisfaction, drive business growth, and address evolving insurance needs in the market.
VIU serves as an omnichannel distributor, offering customers the ability to shop for and compare personal insurance coverage options from various carriers. They enable customers to access a range of insurance products, including auto, renters, landlord, pet, and life insurance. The platform provides fast and seamless quoting alongside personalised coverage and advice, ensuring a stellar customer experience.
Mile Auto employs computer vision and decision analytics to provide pay-per-mile auto insurance options. This innovative approach allows drivers to pay premiums based on their actual mileage, offering potential financial savings for low-mileage drivers.
Bryan Davis, EVP and Head of VIU, stated, “VIU continues to deliver on its promise to provide differentiated, personalised and innovative solutions to our customers and partners while Mile Auto gains the opportunity to improve its customer experience and scale its business. This partnership is a win-win for all parties involved.”
Fred Blumer, CEO of Mile Auto, added, “As insurance premiums continue to rise across the U.S. and driving patterns evolve, it’s critical customers have access to options that are personalised to fit their needs. We are excited to leverage VIU’s success as an omnichannel distributor to not only maximise the number of drivers who can benefit from our tech-driven solution but deliver a stellar customer experience with honest and expert advice.”
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