mobile telematics News

Root Insurance Raises $350 Million in New Round; Valuation Reaches $3.65 Billion

Root Insurance, which uses smartphone technology to gauge driver behavior and price policies, said it has raised $350 million in Series E funding. Root has now raised a total of $523 million in funding, with an additional $100 million in …

Telematics CEO: 5 Trends to Watch in 2018 in Auto Insurance

Auto insurance is experiencing its most seismic shift since it began over 100 years ago. If 2017 shook up the industry with an increasing number of carriers adopting mobile telematics programs for UBI, 2018 will break the mold. Carriers will …