Zendrive partners with Progressive
Telematics provider Zendrive is partnering with Progressive , which will join its Insurance Qualification Lens (IQL) program.
The program helps insurers offer auto insurance quotes by embedding a driver safety SDK into consumer apps in fintech (such as Pogo and MoneyLion), home security, rewards, and driver safety categories.
“We’re excited to work with Zendrive to continue to make it easier for consumers to participate in Progressive’s UBI program Snapshot. By joining this program, Progressive will be able to find and reward safer drivers by allowing them to conveniently share their driving data from consumer apps they’re already using.” – Ed Graves, UBI Product Development Manager at Progressive.
Bottom Line: Pogo and MoneyLion have other embedded insurance distribution partners and the issue is the insurance is a zero-sum game.