Pay-Per-Mile Insurer Uniquely Positioned As Transportation Industry Evolves

Tuesday, February 21st, 2017 Auto Technology

Late last year, the team at Metromile, a San Francisco-based provider of usage-based insurance, met to discuss the company’s evolving identity. In September, Metromile had acquired Mosaic Insurance, which officially turned it from an MGA into a full-fledged insurance carrier, licensed in all 50 states. A long journey had reached its apex. “By definition -- by the state law -- we are an insurance company now,” says Dan Preston, the company’s CEO, in his office in downtown San Francisco.

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http://www.dig-in.com/news/how-metromile-plans-to-bring-per-mile-insurance-to-the-masses?tag=0000015a-1e62-de34-a3de-de7600120000

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