Fri, Nov 22 2024
An inventive way to get inexpensive auto insurance based on unique driving habits has been introduced by Mile Auto and VIU by HUB (VIU), an omnichannel insurance brokerage platform.
Customers of VIU can now take advantage of Mile Auto's pay-per-mile insurance model, which combines a cheap monthly base fee with the flexibility to simply pay for the miles that are driven.
Mile Auto will also increase client acquisition efforts and broaden its customer base by utilizing VIU's digital omnichannel platform.
The change reflects a strategic alignment centered on providing clients with cutting-edge, customized insurance solutions. Through the integration of Mile Auto's tech-enabled insurance products with VIU's omnichannel distribution capabilities, both firms hope to improve customer happiness, spur business expansion, and meet changing market demands for insurance.
As an omnichannel distributor, VIU gives clients the opportunity to browse and contrast different insurance companies' personal insurance coverage alternatives. They provide clients with access to a variety of insurance products, such as life, auto, renters, and landlord insurance. The platform guarantees an excellent client experience by offering quick and easy quotations in addition to tailored coverage and guidance.
Mile Auto offers pay-per-mile options for auto insurance by utilizing computer vision and decision analytics. This novel method gives drivers the option to pay premiums according to their actual mileage, which could result in cost reductions for those who drive short distances.
"VIU keeps delivering on its promise to provide differentiated, personalised, and innovative solutions to our customers and partners while Mile Auto gains the opportunity to improve its customer experience and scale its business," said Bryan Davis, EVP and Head of VIU. All parties involved benefit from this relationship.
Mile Auto CEO Fred Blumer continued, saying, "It's vital that customers have access to solutions that are tailored to match their needs as driving habits evolve and insurance costs continue to grow across the U.S. We can't wait to take advantage of VIU's success as an omnichannel distributor to help us not only reach as many drivers as possible with our tech-driven solution, but also to provide them with excellent customer service and knowledgeable guidance.
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