InsurTech

ChatGPT and Insurify Launch Auto Insurance Comparison App

Insurify, an online insurance comparison platform, released a ChatGPT app that allows users to browse, research and compare auto insurance directly through the artificial intelligence (AI) platform’s new app library.

Lemonade to Acquire Metromile

Lemonade will acquire auto insurer Metromile in an all-stock transaction for just over $200 million net of cash.

Travelers Teams Up with Amazon for Digital Storefront

Recently, Travelers announced a new collaboration with Amazon to create the insurance industry’s first digital storefront, offering smart home kits and homeowners insurance at discounted prices.