Ford partners with insurer to boost Allstate Milewise program enrollment

Allstate Milewise Program - Ford vehicle

The joint effort will help the automaker’s customers to sign up for the tracking program. Ford Motor Co. has entered into a deal with the Allstate Milewise program that will open some of the automaker’s customers to this form of auto insurance. This will allow them to track their driving behaviors in order to save money for safe driving. Most Ford and Lincoln 2020 model-year vehicles that feature embedded modems will be compatible with the Allstate Milewise program connection. That program is currently available to drivers in 14 states across…

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Lloyd’s of London backs new Coincover cryptocurrency insurance for online wallets

Cryptocurrency insurance - Cyrptocurrency

The coverage is meant to protect digital currency owners against theft from being hacked. Lloyd’s of London is now backing a new type of cryptocurrency insurance policy meant to help protect owners of online wallets against theft resulting from hacks. The coverage is sold by crypto “lifestyle” service provider, Coincover. Atrium, a Lloyd’s insurance syndicate, is underwriting the cryptocurrency insurance, according to an announcement made by Coincover last weekend. The coverage is being defined as a new form of liability policy. It functions dynamically with a limit that rises and…

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Local Search SEO for Agents Part 4: Local SEO Basics for Online

Local SEO Basics - Search Engine Optimization

Search engine optimization isn’t what it used to be, so discover the keywords to use and how. Now that you know how to write insurance news (from last week’s part 3 in this series), it’s time to learn local SEO basics. This will help to make sure your content is speaking to search engine algorithms to be sure it will be seen by your target audience. This practice used to mean jamming keywords into the content as much as possible…times have changed. As the top search engine, ranking well on…

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Lloyd’s of London’s first electronic insurance exchange to begin testing

Electronic insurance exchange - Lloyd's of London Building

The massive British marketplace will be piloting this new online technology strategy. Lloyd’s of London has announced the start the testing phase for its first electronic insurance exchange. The technology is meant to handle simple coverage risks, said the marketplace in a strategy update earlier this week. The 330-year old company is seeking to take important steps to modernize itself. Lloyd’s, which first opened in 1686 out of a coffee house, is seeking to use modern strategies to become considerably more efficient. It is looking to use technology to reduce…

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New Allstate app to help good drivers save more on auto insurance premiums

Allstate app - Man using mobile phone

The insurer is testing a new app-based program to monitor motorist behaviors for weekly savings opportunities. A new Allstate app has entered into the testing process with the goal of allowing good drivers to prove how safe they are behind the wheel in exchange for savings. The program monitors a number of habits such as speeding and braking hard. The idea expands on existing usage-based insurance strategies including those already offered by the insurer. The goal is to make it possible for good drivers to demonstrate that they are a…

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