Allstate Eyes Carshare Insurance Offerings

  • Natalie Mattila
  • May 31, 2017
Allstate Corp. is “researching” opportunities to offer carshare insurance coverage, as the auto insurance marketplace continues to evolve, Mobility Finance has learned. And, given the amount of time that it took Allstate to launch its rideshare insurance offering [just under 12 months], carshare coverage could be offered within a year. “We are looking into researching […]

Lease Program Is On the Horizon for Fasten Rideshare

  • Emma Sandler
  • May 30, 2017
Fasten plans to explore opportunities to offer a leasing program to its drivers, following the startup’s nationwide expansion, Mobility Finance has learned. The Boston-based rideshare company, founded in 2014, came to prominence in 2016 when Uber and Lyft left Austin, Texas, last year — in protest of the city’s rule that drivers need to be fingerprinted by a third-party service as a […]

New Los Angeles Rideshare Offers Free Cars to Drivers

  • Natalie Mattila
  • May 23, 2017
YayYo Inc., an app for researching rideshare services, launched its own rideshare on May 11, and is offering drivers brand-new vehicles — free of charge — through a partnership with Penske Auto Group’s fleet division, Mobility Finance has learned. The new rideshare, called RideYayYo, is in beta in L.A. County. The company received more than […]

Inaugural Issue of Mobility Finance Magazine Is Now Live

  • Natalie Mattila
  • May 12, 2017
The first issue of Mobility Finance, which explores deep trends of the financing and insuring of alternative transportation, is now live. In this issue, find out why insurers are driving into rideshare, despite the speed bumps in coverage — including the very gray area of drivers accepting cash for rides. The issue also explores who […]

5 Mobility Platforms Advancing the Gig Economy

  • Emma Sandler
  • May 9, 2017
When Uber began in 2009, the company assumed the position of leading the first wave of mobility services into the gig economy, and in many ways has come to define it. But as the gig economy has evolved, it has expanded into a nebulous entity that has outgrown a simple example. Uber, for instance, has established […]
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