Travelers To Include Telematics Offerings With IntelliDrivePlus™ – $TRV $DIA

Published Jan 18, 2022
Financials & Fintech
Travelers

By John F. Heerdink, Jr.

Reportedly, the Travelers Companies, Inc. (TRV) has expanded its telematics auto insurance offerings with the launch of the app-based program, IntelliDrivePlus™. At each renewal, IntelliDrivePlus calculates a new premium by measuring miles driven and driving behaviors, such as acceleration, braking, speed, time of day, and distraction. IntelliDrivePlus™ can now be accessed by customers in Arkansas, Nebraska, and Ohio.

“Our original telematics program, IntelliDrive®, grew by 50% during the last year, making it clear that consumers are increasingly comfortable with pricing that reflects their driving behaviors. IntelliDrivePlus™ builds on that momentum and offers our customers even more options to personalize their insurance,” stated Michael Klein, Executive Vice President and President of Personal Insurance at Travelers.

Dow 30 component, The Travelers Companies, Inc. (TRV) is an insurance provider of property-casualty insurance for home, auto, and business. To learn more about The Travelers Companies, Inc. (TRV) and to continue to track its progress please visit the Vista Partners Travelers Companies, Inc. Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive! Please join us at Vista Partners, receive our FREE email updates throughout the week, and view our exclusive content and research.