Auto Insurance

OpenEyes, an InsurTech company serving commercial automotive fleets, has emerged from stealth with $18m in Series A funding.

Helvetia Insurance has acquired Hanover-based provider of auto insurance solutions Mobile Garantie.

Mile Auto, a US-based InsurTech startup offering pay-per-mile car insurance, has reportedly raised $4m.

Canopius Group, a global specialty reinsurer, and Theodore Tunick and Marshall & Sterling, a broker for all lines of business and personal insurance, will offer admitted auto coverage to personal and commercial insureds in the US Virgin Islands in agreement with Samsung Fire and Marine Insurance (SFMI).

Swiss Re has partnered with InsurTech Jooycar in a bid to boost auto insurance telematics to benefit small and medium-sized fleets in Mexico.

Ford Credit, an automotive financial services company, has partnered with InsurTech Pie Insurance to launch a commercial auto insurance product.

Canal Insurance Company has partnered with CLARA Analytics, a provider of artificial intelligence (AI) technology for commercial insurance claims optimisation, to improve commercial auto claims outcomes with AI.

CCC Intelligent Solutions (CCC) has partnered with global analytics provider Verisk to leverage the two providers’ market-leading technologies to prevent auto insurance fraud.

Aviva has rolled out its lower cost Quotemehappy.com car insurance product to all major price comparison websites.

Berlin-based InsurTech giant wefox has appointed Laura Eschricht as its new chief marketing officer.