{"id":739,"date":"2021-12-12T15:39:35","date_gmt":"2021-12-12T20:39:35","guid":{"rendered":"https:\/\/www.wikifri.com\/?p=739"},"modified":"2021-12-12T15:39:35","modified_gmt":"2021-12-12T20:39:35","slug":"3-things-toyota-auto-kin-results-buckle-amwins","status":"publish","type":"post","link":"https:\/\/www.wikifri.com\/3-things-toyota-auto-kin-results-buckle-amwins\/","title":{"rendered":"3 Things – Toyota Auto, Kin Results & Buckle \/ AmWins"},"content":{"rendered":"

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Hi All!\u00a0 We are fast approaching the end of 2021 and the industry continues to move forward with exciting news and innovations.\u00a0 This week we are following Toyota’s branded auto insurance offering, Kin positive results and Buckle partnering with AmWins for distribution.\u00a0 Here are the three things we learned:<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

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Toyota Branded Auto Insurance<\/strong><\/p>\n

Toyota launched an insurance agency earlier this year and this week started to market their own\u00a0branded auto insurance product<\/a>\u00a0through that agency.\u00a0 Yet another example of a major auto maker deciding to embed insurance into the vehicle purchase.\u00a0 We’ve seen Tesla and GM make similar moves and expect this trend will continue as connected vehicles become more prevalent in the market.<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

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Kin Insurance Growth & Renewal Rates Impress<\/strong><\/p>\n

Kin Insurance, the homeowners insurtech startup, announced impressive\u00a0growth and retention metrics<\/a>\u00a0for the YTD through November.\u00a0 When you can show nearly 100% renewal coupled with increased premium it doesn’t make sense to wait until the year end to annouce.\u00a0 They are hoping that investors start to think about how valuable homeowners customers are over their lifespan when the insurer is able to keep them (Sean Harper, Chief Executive Officer of Kin. \u201cWe\u2019ve achieved this while maintaining strong unit economics, with each dollar spent on customer acquisition generating nearly eight dollars of lifetime value.\u201d).\u00a0 Of course he is counting on the wind not blowing and no abnormal freeze events this winter.<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

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Buckle & AmWins Partnership<\/strong><\/p>\n

Buckle, the gig worker insurtech startup, annouced a\u00a0distribution partnership<\/a>\u00a0with wholesales broker AmWins for rideshare drivers.\u00a0 This appears to be a smart distribution move for an insurtech to partner with an established broker to get their product out to more consumers.\u00a0 Of course there is a cost to pursue this channel but it should be less risky than trying to go it alone and using the trial and error marketing approach of many other insurtechs.<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

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Thank you for following us, we appreciate your feedback and continued support.\u00a0 Be Safe and Productive… Until next week…<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Hi All!\u00a0 We are fast approaching the end of 2021 and the industry continues<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"\n3 Things - Toyota Auto, Kin Results & Buckle \/ AmWins - Wikifri<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wikifri.com\/3-things-toyota-auto-kin-results-buckle-amwins\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"3 Things - Toyota Auto, Kin Results & Buckle \/ AmWins - Wikifri\" \/>\n<meta property=\"og:description\" content=\"Hi All!\u00a0 We are fast approaching the end of 2021 and the industry continues\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wikifri.com\/3-things-toyota-auto-kin-results-buckle-amwins\/\" \/>\n<meta property=\"og:site_name\" content=\"Wikifri\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-12T20:39:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wikifri.com\/wp-content\/uploads\/2021\/04\/Three-Things-300x157.png\" \/>\n<meta name=\"author\" content=\"Nick Coenen\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nick Coenen\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.wikifri.com\/3-things-toyota-auto-kin-results-buckle-amwins\/\",\"url\":\"https:\/\/www.wikifri.com\/3-things-toyota-auto-kin-results-buckle-amwins\/\",\"name\":\"3 Things - 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