ITOCHU partners with MOTER Technologies

ITOCHU Corporation announced that it has signed a financial and business partnership agreement with MOTER Technologies , a US-based company developing insurance software utilizing telematics technology, and agreed to purchase new shares issued by the company.

MOTER was established in April 2021 as a wholly owned subsidiary of Aioi Nissay Dowa Insurance . Partnering with automobile manufacturers, MOTER develops its own scoring models to accurately determine safe driving and accident risks through AI analysis of driving data and onboard camera footage. Using this scoring model, MOTER develops auto insurance offered under automobile manufacturers’ brand names as well as risk management services for fleet management companies, and also provides data analysis services for insurance companies. They have also obtained certification as a Managing General Agent to provide insurance incorporating automobile manufacturers’ core services in all 50 states, and are expected to further expand this business.

With its strengths in the retail insurance sector in Japan, including HOKEN NO MADOGUCHI GROUP, ITOCHU is enhancing its local retail insurance operations through its investment in Thaivivat Insurance, a non-life insurance company in Thailand and Laos. In May 2025, ITOCHU also invested in Churchill Innovative Holdings, a US-based individual health insurance distribution platform, initiating a full-scale launch into the US insurance market.

ITOCHU is aiming for further growth as the largest Japanese corporate insurance distributor and broker through its recent investment in MOTER, combining MOTER’s technology and expertise with its own global network and reinsurance scheme. ITOCHU is also accelerating its business expansion into the next-generation auto insurance market in the US and Asia.