Founded in 2019 by Fred Blumer, Mile Auto offers a unique approach to auto insurance within the insurtech industry. Unlike traditional telematics-based models that use high-tech tracking devices, Mile Auto operates on a simple and privacy-centric method where policyholders provide pictures of their
The insurance sector is venturing into a transformative era, where customer experience (CX) has become the cornerstone of competitiveness and corporate identity. Amidst a sea of similar products and services, insurers realize that a superior CX can set them apart in a saturated market. With the
The intersection of wearable fitness technology and the life insurance sector marks a significant shift in how wellness programs are being integrated into insurance offerings. These smart devices, which monitor a range of health metrics from heart rate to sleep patterns, are providing insurers with
The intersection of wearable technology and health insurance signifies a forthcoming transformation within healthcare and personal wellness management. As we move toward a future where the digital intermingles more seamlessly with our physical existence, the insights gathered from wearable fitness
The Promise of Wearable Technology The age of ubiquitous technology has extended its reach into the health sector, promising a revolution in personal health management. Wearable devices—from fitness trackers to smartwatches—are becoming an integral part of health insurance platforms, aiming to
The rise of telematics in vehicles has reshaped auto insurance, promising rates reflective of individual driving behavior. However, this innovation is now under scrutiny due to privacy concerns. Personalized rates based on safe driving sound ideal, but at what cost to privacy? These questions are
