Continuing to excel | Intact Financial Corporation 2017 Annual Report
Summary
Through Intact Ventures Inc., we continue to deepen our learning by partnering with and investing in companies that have the potential to redefine the P&C insurance landscape with innovative business models and new technology. Our investment in Metromile, a pioneer in pay-per-mile car insurer in the U.S., gives us insights into how we can leverage big data and artificial intelligence in underwriting and claims. In return, we are advising Metromile on the manufacturing and scaling aspects of their business. Our relationship with Hangar will give us greater insights into using drones for assessing claims and damages. Having access to Humatics’ data will help us price, segment, underwrite and further elevate the customer experience we are known for as micro location sensors become more prevalent in our society.
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