Smart Car Insurance Launches In New Mexico

FinTech Buzz

Smart Car Insurance Launches In New Mexico

Next generation personal car insurance company Noblr is now available in New Mexico. Noblr is smart car insurance for responsible drivers that rewards members’ good driving behaviors with real-time competitive rates. Innovative in technology and structure, Noblr is built on a reciprocal exchange model, where customers are members who help drive the company forward.

“We’re excited to empower and reward responsible drivers across New Mexico,” said Gary Tolman, Noblr CEO & Co-founder. “Noblr members only pay for the miles they drive, which can help them save a considerable amount during the times they may find themselves driving less, such as the current extraordinary circumstances presented by COVID-19.”

Noblr’s behavior-based pricing is calculated in real time and measures how well and how much a member drives. Noblr’s intuitive app and highly personalized pricing model help directly and continuously incentivize better driving.

Members can save money if they drive less, brake and accelerate mindfully, and don’t text while driving, among other factors. Thanks to Noblr’s proprietary technology, Noblr drivers can learn from their personal driving data, drive better, and lower their rates.

Noblr launched in Colorado in 2019, followed by launches in Texas, Ohio, and Arizona. Additional state launches are coming soon. The Noblr app is available for iOS and Android smartphones. Good drivers who want smart insurance should visit www.noblr.com or call 877-236-6257.

FinTech Buzz

Westlake Portfolio Management

FinTech Buzz 2020-04-16

Westlake Portfolio Management (WPM) was selected by Coastal Credit, LLC to be the third-party servicer of its $103 million active portfolio.The Coastal Credit portfolio consists of approximately 10,500 active and over 13,000 charge off accounts.

WPM will handle full 3rd party servicing responsibilities on the portfolio including customer service, collections, titles management, remarketing and treasury responsibilities.

WPM completed the onboarding of the portfolio ahead of schedule on April 2, 2020.“WPM onboarded the portfolio 11 days ahead of schedule,” stated Todd Laruffa, VP of Westlake Portfolio Management.

“The WPM team did an amazing job executing the transfer of the portfolio during the current pandemic situation that we are all experiencing.”Coastal Credit customers whose loans have been transferred to WPM can manage their account and make payments online at myaccount.wpmservicing.com.

Customers can also call 877.733.5190 or email [email protected] with questions regarding the transfer of their loan.“WPM is looking forward to providing Coastal Credit’s customers with the best service possible,” added Brian Renfro, SVP of Servicing.

“We are prepared to assist our new customers with any questions they may have regarding the transfer of their loan.”Westlake Portfolio Management, a subsidiary of Westlake Technology Holdings, is a third-party servicing company with the infrastructure to support medium to large scale portfolios.

InsurTech Market Size, Share, Growth, Trends, Industry Report And Forecast Till 2032

Shraddha 2023-08-16

The global insurTech (insurance Technology) market size is expected to reach $49. Africa InsurTech (Insurance Technology) Market27. Key Mergers And Acquisitions In The InsurTech (Insurance Technology) Market29. Appendix Related Reports:https://www. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

InsurTech (Insurance Technology) Market competitive analysis and growth strategies to 2023

ved123 king 2019-11-13

This market research report identifies Friendsurance, Oscar, ZhongAn, Allay, Analyze Re, GetInsured, Bayzat, Bought By Many, Claim Di, and CommonEasy as the major vendors operating in the global Insurtech market.

This report also provides a detailed analysis of the market by components (Software and Services), types (Retail Insurance and Commercial Insurance), by application (Health insurance, Property and casualty insurance, Life insurance, and Others), and region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America).Request For Report sample InsurTech (Insurance Technology) Market@ https://www.trendsmarketresearch.com/report/sample/9829 Infoholic’s market research report predicts that the global InsurTech market revenue is valued at $532.7 million in 2018 and is expected to reach $1,119.8 million by 2023, growing at a CAGR of 16.0% during the forecast period 2018–2023.

The insurance sector is all set to adopt new technologies and attract new customers along with retaining the clients delighting with services.

The Asia Pacific region is likely to witness growth in InsurTech due to the presence of few emerging countries and financial hubs in Hong Kong, Singapore, and India.

Also, the insurers are focusing on providing cheap and affordable insurance premium plans in the diversely populated region.Competitive Analysis and Key VendorsThe banks and financial institutions are witnessing transformation with the emergence of FinTech vendors, thereby disrupting the traditional model of operations and processes.

The InsurTech vendors offer software that simplifies the decision-making process for the customers, and the analytics software helps insurers to understand the current need and demand in the market.Some of the key vendors in the InsurTech market are:FriendsuranceOscarZhongAnAllayAnalyze ReGetInsuredBayzatBought By ManyClaim DiCommonEasySegmentation of componentsSoftwareServicesIn 2017, the software component occupied the largest share, but services component is expected to grow at the highest CAGR during the forecast period.Request For Report Discount@ https://www.trendsmarketresearch.com/report/discount/9829 InsurTech market by TypesRetail InsuranceCommercial InsuranceIn 2017, the retail insurance occupied the largest share, but commercial insurance is expected to grow at the highest CAGR during the forecast period.InsurTech market by ApplicationHealth Insurance Property and casualty insuranceLife insuranceOthersIn 2017, the property and casualty insurance occupied the largest share, but health insurance is expected to grow at the highest CAGR during the forecast period.

InsurTech (Insurance Technology) Market Sales Forecasts Reveal Positive Growth Through 2023

marketgrowthanalysis analysis 2019-10-09

This report also provides a detailed analysis of the market by components (Software and Services), types (Retail Insurance and Commercial Insurance), by application (Health insurance, Property and casualty insurance, Life insurance, and Others), and region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America).Infoholic’s market research report predicts that the global InsurTech market revenue is valued at $532.7 million in 2018 and is expected to reach $1,119.8 million by 2023, growing at a CAGR of 16.0% during the forecast period 2018–2023.

The insurance sector is all set to adopt new technologies and attract new customers along with retaining the clients delighting with services.

The Asia Pacific region is likely to witness growth in InsurTech due to the presence of few emerging countries and financial hubs in Hong Kong, Singapore, and India.

The InsurTech vendors offer software that simplifies the decision-making process for the customers, and the analytics software helps insurers to understand the current need and demand in the market.Request for enquiry on This Report at: http://marketgrowthanalysis.com/reports/enquiry/443Some of the key vendors in the InsurTech market are:FriendsuranceOscarZhongAnAllayAnalyze ReGetInsuredBayzatBought By ManyClaim DiCommonEasySegmentation of componentsSoftwareServicesIn 2017, the software component occupied the largest share, but services component is expected to grow at the highest CAGR during the forecast period.InsurTech market by TypesRetail InsuranceCommercial InsuranceIn 2017, the retail insurance occupied the largest share, but commercial insurance is expected to grow at the highest CAGR during the forecast period.InsurTech market by ApplicationHealth InsuranceProperty and casualty insuranceLife insuranceOthersIn 2017, the property and casualty insurance occupied the largest share, but health insurance is expected to grow at the highest CAGR during the forecast period.

IoT integration to transform pet insurance

Liam Grant 2023-08-15

IoT integration, which provides critical indicators on the pet’s health, presents some future-proof opportunities for strategic-thinking insurance companies to deliver comprehensive products and rethink existing approaches. These factors had been drastically popularizing pet insurance. Tailored plansThe provider can use collected data to offer personalized coverage that meets customer needs. Fraud detectionQuality data can help identify potential pet insurance fraud cases that carry reputational and financial damage. IoT data can optimize risk assessment, preventive care, offer personalization, claim review and processing, fraud detection, and other business aspects, thereby improving customer experience.

The Complete Insurtech Compliance Guide for Startups: An Overview of the Rules

Eugene 2023-05-31

Let’s discuss the points above in detail:What is Insurtech Compliance? To determine insurance compliance, government agencies consider the following:Data privacy: 72% of internet users have data privacy concerns. Let’s do an overview of insurance compliance laws, the country where they hold them, and their meaning. Here are some insurance regulations for startups in the US:RegulationsMeaningthe Dodd-frank actThis act ensures stability for insurance companies based in the United States. Now that you know much about insurtech compliance, what else?

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