Ryde will offer complimentary coverage until the end of September 2024 to passengers in the event of an accident.

ADS has secured $2.5 million in new funding and completed a $32 million debt-for-equity swap.

Nayya publicly disclosed $105 million in funding. 

The startup claims that it can offer almost any insurance product and that it works with over 14 insurance carriers. 

The company is paying just over $700M.

Unencumbered capital at the end of the quarter was $447 million.

Helvengo will shut down in an orderly manner. 

The acquisition deal has been terminated as the terms have not been met within the agreed time period. 

Chaiz claims to be the first online marketplace for vehicle protection.

The companies are announcing an embedded insurance partnership.

The NY-based startup targets financial advisors.

The startup raised $45 million.

AutoComplete is led by Ahmed Khaishgi.

GEICO’s loss ratio was 74.1% in the second quarter.