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Pay-per-mile auto insurer Metromile is heading to public markets via SPAC

TechCrunch

Metromile , the pay-per-mile auto insurer that earlier this year laid off a third of its staff due to economic uncertainties caused by COVID-19, is taking the SPAC path to the public markets. Metromile is credited for disrupting some of the inefficiencies of the auto insurance business model, notably how consumers are charged.

Insurance 274
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Insurance Technologies: 13 Disruptive Ideas to Change Insurance Companies with Telematics, Blockchain, Machine Learning, and APIs

Altexsoft

Have you ever tried to check your insurance claim status? While some insurance carriers have made significant modifications courtesy of disruptive digitalization (we’ve already discussed this topic in our whitepaper), most companies trail behind. Insurants are not satisfied with their service providers.

Insurance 130
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6 best practices for better vendor management

CIO

To build a stronger relationship with vendors, “CIOs should bring them into the fold regarding their priorities and potential concerns about what may —or may not — lie ahead, from a regulatory perspective or the general economic climate, for example,” says Kevin Beasley, CIO at VAI, a midmarket ERP software developer. “A

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Ad Practitioners acquires Knoq to move the startup’s door-to-door marketing approach online

TechCrunch

The company had already pivoted once, shifting focus from political work to commercial marketing. “Together, we foresee a world where consumers come to our sites for great content [and] reviews and to speak with representatives who can help them find the personal information they need.”. ” Image Credits: Knoq. .”

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Cybersecurity Snapshot: U.S. Gov’t Revises, Seeks Input on Security Assessment Questionnaire for Software Vendors

Tenable

Uncle Sam wants your input on the latest version of the “Secure Software Development Attestation Form” that federal agencies will use to assess the security of software vendors. government will evaluate the security practices of its software vendors – and offer your two cents. In addition, there’s a new zero trust certification.

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So much fintech M&A

TechCrunch

For one, as one source told me, BlackRock’s investment is a show of faith in the SMB 401(k) market — one where the firm hasn’t historically played. ’s auto-enrollment provisions (among others), will make 401k plans more impactful at the lower end of the market, and Human Interest is well-positioned to execute.”.

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What CIOs need to become better enablers of sustainability

CIO

Across the world, climate change has bitten hard into the economies of tech-centric California, again due to wildfires. Food and water insecurity will increase, and energy systems, housing stock, insurance, and currency markets will all become more volatile—a worrying set of scenarios for business leaders and boards.