Metromile

About:

Metromile is a car insurance company using data science and machine learning to offer drivers new and fairer insurance.

Website: http://www.metromile.com

Twitter/X: Metromile

Top Investors: G Squared, First Round Capital, New Enterprise Associates, Intact Financial Corporation, Social Capital

Description:

Metromile is a digital insurance platform in the United States. With data science as its foundation, Metromile offers real-time, personalized auto insurance policies by the mile, instead of the industry-standard approximations and estimates that have historically made prices unfair. Metromile’s digitally native offering is built around the modern driver’s needs, featuring automated claims, complimentary smart driving features, and annual average savings of 47% over what they were paying their previous auto insurer. In addition, Metromile Enterprise licenses its technology platform to insurance companies around the world. This cloud-based software as a service enables carriers to operate with greater efficiency, automate claims to expedite resolution, reduce losses associated with fraud, and unlock the productivity of employees.