True Mileage
Curated by SignalUsage-based insurance platform offering analytics and personalized coverage solutions.
Overview
True Mileage operates in the fintech sector, focusing on usage-based digital insurance solutions that utilize advanced analytics and device technology. The platform is designed for insurers aiming to offer personalized insurance policies based on actual usage patterns, which may lead to more equitable pricing for auto insurance. True Mileage employs telematics and IoT devices to gather real-time data on driving behavior and other relevant metrics, allowing insurers to adjust premiums and coverage accordingly. This method aims to incentivize safe driving habits and improve risk assessment accuracy. True Mileage's services encompass personal and commercial usage-based insurance (UBI) programs, fleet monitoring, and a customizable UBI model to meet specific client requirements.
Key facts
- Founded
- 2012
- Headquarters
- Seattle, United States
- Stage
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- Industry
- Financial Technology
- Sector
- Insurance Technology
Business model
- GTM channel
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- 4 products and services
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Contact
- Primary office
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- Phone
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