Life360 and Allstate Form Strategic Relationship to Transform Car Insurance and Personal Transportation
May 30, 2018 at 01:21 pm EDT
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Life360 announced a new relationship with Allstate and its affiliate companies Arity and Answer Financial. Together the companies will provide Life360’s millions of users insights into their driving habits and connect them with personalized insurance offers. Both capabilities can help parents keep their families safer on the road while providing these drivers potential financial savings. Combining Life360 and Arity’s deep experience in driving data and analytics to power the Life360 app will provide Life360 users an enhanced experience and benefits with features including: Driving behavior insights: Life360’s rich sensor data with Arity’s advanced driver behavior models will provide families with insights to understand how each member is doing behind the wheel, giving parents the tools to help coach their loved ones to be better, safer drivers. More competitive, personalized priced auto insurance offers: Arity empowers Life360 users -- via Answer Marketplace -- to earn more competitive and personalized auto insurance offers from their safe driving habits.
Life360, Inc. is a provider of technology platform used to locate the people, pets and things that matter to families. The Company has a category at the intersection of family, technology, and safety to help keep families connected and safe. Its products include Life360 Subscription Offerings, Life360 Platform, Tile Product Line, Tile Subscription Offerings, Jiobit Product Line and Jiobit Subscription Offerings. The Life360 mobile application operates under a freemium model where its core offering is available to users. In addition, three paid membership subscription options are available for users looking for a variety of features, such as additional safety features for the everyday family: Life360 Silver, Life360 Gold, and Life360 Platinum, which offer users a comprehensive suite of premium safety services. It offers four key product features that combined make up the Life360 Platform: location coordination and safety, driving safety, digital safety, and emergency assistance.