EXCLUSIVE: Getaround Partners With TransUnion To Integrate TruVision Credit Insurance In Marketplace
Portfolio Pulse from Shivani Kumaresan
Car sharing marketplace, Getaround Inc (NYSE:GETR) has partnered with TransUnion (NYSE:TRU) to integrate TransUnion’s TruVision Traditional Auto Insurance into Getaround's platform. The integration is expected to improve risk assessment, reward good drivers, and reduce insurance and claims costs by up to 50%. The move will also enhance Getaround's TrustScore AI model, which predicts guest driving behavior.
September 12, 2023 | 10:34 am
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Getaround's partnership with TransUnion to integrate TruVision Insurance is expected to improve risk assessment and reduce insurance costs.
The integration of TruVision Insurance into Getaround's platform is expected to enhance risk assessment and reduce insurance and claims costs. This could improve the company's financial performance and make it more attractive to investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
TransUnion's partnership with Getaround to integrate its TruVision Insurance into Getaround's platform could expand its market reach.
The partnership with Getaround provides TransUnion an opportunity to expand the reach of its TruVision Insurance product. This could potentially increase its revenues and make it more attractive to investors.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70