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We initiated a position in The Progressive Corporation, the third-largest auto insurer in the U.S. and a top-15 homeowners insurance carrier. The personal auto insurance market is approximately $250 billion in size and is recession-resistant given that auto insurance is legally requir...
Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. In the quarter ended June 30, 2022, Baron FinTech Fund fell 22.40%. Rising interest rates and greater economic uncert...
SAN FRANCISCO, May 10, 2022 (GLOBE NEWSWIRE) -- Metromile, Inc. (“Metromile”) (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced financial results for the first quarter 2022 on its website. The results are accessible on M...
SAN FRANCISCO, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Metromile, Inc. (“Metromile”) (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced financial results for the fourth quarter and full year 2021 on its website. The results are...
SAN FRANCISCO, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Metromile (NASDAQ: MILE, MILEW) (the “Company”), a leading digital insurance platform and pay-per-mile auto insurer, announced that at the Special Meeting of Stockholders held today, the Company’s stockholders approved a ...
SAN FRANCISCO, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Metromile, Inc. (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced its results for the third quarter ended September 30, 2021. “During the quarter, we continued to make prog...
SAN FRANCISCO, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Metromile, Inc. (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced a significant expansion of its Independent Agents program, along with the appointment of Scot Rankin, a 30 year insuran...
SAN FRANCISCO and JERSEY CITY, N.J., Oct. 05, 2021 (GLOBE NEWSWIRE) -- Metromile Enterprise Solutions, LLC , the cloud-based technology platform used by property and casualty insurers to automate insurance claims, announces today that Buckle , an inclusive tech-enabled finan...
SAN FRANCISCO and DES MOINES, Iowa, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Metromile Enterprise Solutions, LLC the cloud-based technology platform used by global property and casualty insurers to automate insurance claims, today announced an integration with Dwolla, a modern payments platform, ...
SAN FRANCISCO and TOKYO, Sept. 07, 2021 (GLOBE NEWSWIRE) -- Metromile Enterprise, the cloud-based technology platform used by global property and casualty insurers to automate insurance claims, today announced Tokio Marine Group is now using the artificial intelligence fraud-detection produ...
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SAN FRANCISCO, May 10, 2022 (GLOBE NEWSWIRE) -- Metromile, Inc. (“Metromile”) (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced financial results for the first quarter 2022 on its website. The results are accessible on M...
SAN FRANCISCO, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Metromile, Inc. (“Metromile”) (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced financial results for the fourth quarter and full year 2021 on its website. The results are...
SAN FRANCISCO, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Metromile (NASDAQ: MILE, MILEW) (the “Company”), a leading digital insurance platform and pay-per-mile auto insurer, announced that at the Special Meeting of Stockholders held today, the Company’s stockholders approved a ...