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MoneyLion leverages Zendrive’s Insurance coverage Qualification Lens (“IQL”) technique to free up insurance coverage financial savings for patrons
SAN FRANCISCO, Sept. 15, 2022 (GLOBE NEWSWIRE) — Zendrive, a mission-driven corporate making roads more secure with knowledge and analytics, these days introduced its partnership with MoneyLion Inc. (“MoneyLion”) (NYSE: ML), the go-to vacation spot for custom-made economic content material, merchandise, and recommendation. Zendrive is powering MoneyLion’s providing, giving their hundreds of thousands of customers an opportunity to save lots of on their auto insurance coverage with more secure using habits.
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MoneyLion consumers can get admission to this system the use of the MoneyLion app. As soon as MoneyLion consumers decide into this system, Zendrive’s embedded Tool Building Equipment (SDK) analyzes how customers pressure right through a brief take a look at pressure enjoy. Right through this trial duration, customers get direct comments on their using habits (i.e., on whether or not they’re checking their telephones or tough braking regularly), which might lend a hand them pressure more secure and spice up their possibilities of incomes a cut price on auto insurance coverage. As soon as the take a look at pressure is whole, MoneyLion consumers that meet the qualification standards might right away qualify for an unique cut price from spouse auto insurance coverage provides thru Zendrive’s Insurance coverage Qualification Lens (“IQL”) resolution.
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Information of MoneyLion and Zendrive becoming a member of forces aligns with a fresh announcement that Zendrive is increasing its IQL technique to over 50M shoppers thru a majority of these partnerships with main US shopper apps. “At Zendrive, we’re overjoyed about extending our IQL program to hundreds of thousands of US shoppers thru our partnership with MoneyLion, serving to drivers throughout states get an unique alternative to be rewarded for his or her more secure using conduct,” mentioned Dennis Ellis, President of Zendrive.
The partnership with Zendrive is helping MoneyLion additional its venture – to rewire the economic gadget so each and every buyer can reside their perfect existence with out being concerned about cash – through leveraging knowledge to make insurance coverage fairer and extra reasonably priced. “MoneyLion is converting the mindset and tradition round cash, empowering our consumers to take regulate in their funds and higher their long term,” mentioned Tim Hong, Leader Product Officer at MoneyLion. “With Zendrive, we’re taking a large stride towards that effort through making auto insurance coverage extra reasonably priced for our customers national.”
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To enroll in this system, obtain the MoneyLion app at app.moneylion.com at the App Retailer or thru Google Play.
About Zendrive
Zendrive’s venture is to make roads more secure thru knowledge and analytics. Its award-winning Mobility Chance Intelligence (MRI) platform — powered through 200 billion miles of knowledge collected from 100s of hundreds of thousands of drivers around the globe — is helping insurers perceive and mitigate mobility chance, lowering the chance of collisions through 49%. The platform additionally is helping insurers in finding and obtain most well-liked chance drivers thru Zendrive’s huge writer community with get admission to to loads of hundreds of thousands of customers. With an interesting take a look at pressure enjoy, collaborating shopper programs ship financial savings to their consumers whilst additionally diversifying income streams. The corporate has been known as considered one of Speedy Corporate‘s Maximum Leading edge Corporations and gained the 2017 Easiest Startup in San Francisco award.
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About MoneyLion
MoneyLion is the go-to vacation spot for custom-made economic content material, merchandise, and recommendation. MoneyLion’s venture is to rewire the economic gadget to undoubtedly trade the trail of each and every hard-working American. MoneyLion makes use of its proprietary knowledge benefit and era to empower its consumers. MoneyLion engages and educates its consumers with day-to-day, hyper-personalized money-related and money-adjacent content material this is delivered thru every buyer’s personal content material feed. MoneyLion supplies its consumers with a complete suite of monetary and non-financial answers, bundling its proprietary, low cost economic merchandise with merchandise which can be presented thru its market era and community associate companions. MoneyLion additionally leverages its distinct knowledge, era, and community benefits to ship main embedded finance and market answers for undertaking consumers. Since its founding in 2013, MoneyLion has empowered hundreds of thousands of American citizens to take regulate in their funds and reside their perfect economic existence, each day.
For more info in regards to the corporate, consult with www.moneylion.com. For investor data and updates, consult with traders.moneylion.com and observe @MoneyLionIR on Twitter.
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