Allstate

Insurance Business America | October 15, 2019

Allstate is introducing competitive auto insurance rates for new customers in the state of Wisconsin. A release explained that the new rates “reflect a renewed commitment” to serving the state’s drivers. The adjusted rates came into effect October 14, 2019.“Supporting our local agency owners and deepening our community relationships were important factors, among many, that supported our decision to make this change,” said Allstate field senior vice-president ...

Allstate | June 29, 2018

Allstate is now offering its pay-per-mile auto insurance product, Milewise, in New Jersey. With Milewise, customers pay based on how much they drive; the product gives customers, even more, control over their insurance costs while enjoying the same coverage and claim service of a regular Allstate customer. According to a release, drivers who travel about 25, or fewer, miles a day could save more money on their auto insurance with Milewise. The product is partly designed for retirees and stay-at-...

Insurance Business Magazine | January 16, 2020

Insurance start-up battleface, which provides travel insurance for unconventional travelers worldwide, has announced that it has successfully closed a seed funding round with backing from strategic and venture capital investors. Fintech Ventures Fund has invested in battleface, joining Greenlight Re and Tangiers Group. The investment will be used to expand software development, hire sales and business-development personnel, and expand battleface’s global reach, the company said. “We ...

Aon | January 15, 2020

Global insurance brokerage and professional services firm Aon has officially completed its acquisition of CoverWallet, a US-domiciled digital insurance platform for small and medium-sized enterprises (SMEs). Now finalized, the deal enables Aon to expand its position in the fast-growing commercial insurance market for SMEs. The brokerage giant will also be able to leverage CoverWallet’s technology and data & analytics capabilities to develop and scale innovative digital client experienc...