Metromile News

Metromile Auto Insurer Gets $192 Million, Mark Cuban and Mosaic’s 50 State Licenses

Fueled with $191.5 million from billionaire Mark Cuban and other investors, Metromile Inc. is now poised to complete its journey as a full-service car insurance company. The startup Wednesday said it had acquired Mosaic Insurance Inc. — a $22 million …

Canada’s Intact Financial Corp. Invests in Metromile, Pay-Per-Mile Insurer

Intact Financial Corp. has made a strategic investment in Metromile, a San Francisco-based provider of pay-per-mile car insurance. Toronto-based IFC, which is the largest provider of property & casualty insurance in Canada, said the venture is in line with its …

Metromile in California Names Former Dish Executive Chief Marketing Officer

San Francisco, Calif.-based Metromile has named James Moorhead, a former Dish Network executive, its chief marketing officer. The appointment is effective Oct. 26. Moorhead will report to Metromile CEO Dan Preston. Moorhead will be responsible for overseeing marketing, digital acquisition, …

California Agents Get Creative to Sell Rideshare Endorsement

Kathy Lamm, an insurance agent in Costa Mesa, Calif., over the past month has been busy selling a ridesharing endorsement that Farmers Insurance Group introduced in California in late May. Lamm started spreading the word soon after the product became …

Metromile Insurance Option for Uber Drivers Approved by California Commissioner

California Insurance Commissioner Dave Jones has approved a filing that will enable Uber drivers purchasing coverage through Metromile to add a new coverage endorsement to their personal auto policy. That endorsement will provide insurance coverage during the pre-match period when …