InsurTech Magazine July 2022 | Page 133

TOP 10 06 Metromile
Circulo Health

TOP 10 06 Metromile

Valuation : $ 1.3bn Founded : 2011
Launched over a decade ago , Metromile was one of the very first UBI and telematics insurers to corner the marketplace . The digital insurer leads the way in innovative technologies and has pioneered many new approaches to UBI that have resulted in transforming the industry .
Metromile ’ s software platform provides mileage and fuel tracking to help customers monitor their energy usage , while also simplifying the car insurance system .

05

Circulo Health

Valuation : $ 1.5bn Founded : 2021
Circulo Health is a digital insurer with the core aim of enabling better health for all its customers – no matter their budget . The insurtech has an innovative approach to health by working with primary health care , insurance plans , and independent living facilities .
Circulo customers usually rely on Medicaid and often face problems accessing proper healthcare . Circulo Health removes barriers , harnessing AI and human-centric technology to provide online yet secure connections between providers and patients .
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