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Insurance Techknowledgy: Vertafore Unleashes Analytics for Agencies; MGA Mile Auto Raises $10.3M, Partners With Ford May 25, 2021 Insurance agency technology firm Vertafore has released a product it says puts the power of data and analytics into the hands of independent agencies. The new offering, MarketTrends, helps agencies identify coverage trends, cross-sell opportunities and appropriate markets in an interface agents can use in their day-to-day interactions with clients. Agencies can use the tool to explore carrier appetites, evaluate re-marketing op...

Backers included Ulu Ventures, Emergent Ventures, Thornton Capital, and Sure Ventures. The company intends to use the funds to expand availability of its insurance offering to half of the U.S. auto insurance market by the end of 2021, as well as hiring, adding new distribution channels, onboarding of white-label partners, and expanding its automaker network. Led by Fred Blumer, CEO, Mile Auto uses computer vision and decision analytics to collect and validate odometer data without the need for extra hardware, mobile apps or GPS tracking and offer car insurance options based on mileage to low...

Ford Debuts Commercial Version of All-electric F-150, Called Lightning Pro Ford Motor Co. in Dearborn is expanding its commercial line of trucks with the debut of the all-new, all-electric 2022 F-150 Lightning Pro. Ford Motor Company announced the launch of its new commercial-focused all-electric F-150 Lightning Pro. // Courtesy of Ford Motor Company Ford Motor Co. in Dearborn is expanding its commercial line of trucks with the debut of the all-new, all-electric 2022 F-150 Lightning Pro. Purpose built for commercial customers, it blends familiar Built Ford Tough power, capability, and durabil...