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VIU by HUB, an omnichannel insurance coverage brokerage platform, has joined forces with US-based firm Mile Auto to serve low-mileage drivers.
Mile Auto, a pay-per-mile auto insurance coverage supplier, is claimed to assist drivers save as much as 40% by utilizing patented expertise that prices clients primarily based on the precise miles pushed, with out the necessity for privacy-invasive monitoring gadgets.
The corporate additionally serves as an unique supplier of Porsche Auto Insurance coverage to supply specialised protection for Porsche house owners.
For Mile Auto, utilising VIU’s digital omnichannel platform is projected to reinforce buyer acquisition prices and broaden its consumer base.
Mile Auto’s use of laptop imaginative and prescient and determination analytics to assist its pay-per-mile insurance coverage mannequin ensures that drivers pay a low month-to-month base charge plus prices for the miles they drive.
This precision in premium calculation is especially helpful for drivers who journey lower than 10,000 miles per yr.
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Mile Auto CEO Fred Blumer stated: “We’re excited to leverage VIU’s success as an omnichannel distributor to not solely maximise the variety of drivers who can profit from our tech-driven resolution however ship a stellar buyer expertise with sincere and professional recommendation.”
VIU offers a complete vary of non-public insurance coverage protection choices, together with householders, apartment, renters, landlord, pet, and life insurance coverage.
It allows clients to match insurance policies, buy protection, and get professional recommendation.
As well as, VIU serves as a useful resource for underwriters, supporting a “disciplined strategy” to scaling, acquisition, and repair.
Not too long ago, VIU was within the information for its partnerships with ADT dwelling safety techniques supplier SafeStreets and dwelling fairness sharing firm Unison.
VIU head and govt vice-president Bryan Davis stated: “VIU continues to ship on its promise to offer differentiated, personalised and progressive options to our clients and companions whereas Mile Auto features the chance to enhance its buyer expertise and scale its enterprise.”
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