Guest savings of up to 15%
ATLANTA, June 15,
2023 /PRNewswire/ -- Axle, the leading universal API
for insurance data, is pleased to announce a partnership with
Getaround (NYSE: GETR), the world's first connected carsharing
marketplace. The collaboration will enable Getaround guests to
bring their own insurance to the platform, providing them more
flexible protection options and control of their carsharing
experience. Additionally, this provides Getaround with a new risk
management alternative that lowers costs and drives
satisfaction.
Axle empowers Getaround to instantly verify
insurance, providing a seamless experience and better pricing for
its guests
The Axle partnership, and the new approaches to risk management
that it creates, enables a cost savings of up to 15% for eligible
guests while improving the customer experience.
"We are thrilled to partner with Getaround, a pioneer in
the car-sharing industry and a leader in bringing cutting edge
technology to its Guests and Hosts," said Armaan Sikand, Co-founder and COO of Axle. "Axle
empowers Getaround to instantly verify insurance and reduce
operational risk, while providing better pricing and a seamless
experience for its guests. This partnership with Getaround brings
Axle a step closer to our mission of making insurance data more
accessible to parallel industries."
Ruth Yankoupe, Vice President of
Customer Experience at Getaround, added, "Integrating Axle into
Getaround's industry-leading, digital carsharing marketplace is the
latest example of how Getaround is driving innovation in the
category and putting the customer first with increased
platform trust, affordability and satisfaction. Getaround is
committed to providing our hosts and guests with the best possible
experience, working with partners like Axle is one way we are
continuing to improve the customer experience - offering
flexibility in choice."
About Axle
Axle is "Plaid for insurance" - a universal API for insurance
data. With Axle, companies can instantly verify insurance and
monitor ongoing coverage, helping them reduce operational cost
while creating a frictionless experience for users. Axle is backed
by leading investors including Y Combinator and Gradient Ventures,
Google's AI-focused venture fund, and angels from industry leaders
like Plaid and Cox Automotive. For more information, please visit
https://axle.insure.
About Getaround
Offering a 100% digital experience, Getaround (NYSE: GETR) makes
sharing cars and trucks simple through its proprietary cloud and
in-car Connect® technology. The company empowers consumers to shift
away from car ownership through instant and convenient access to
desirable, affordable, and safe cars from entrepreneurial hosts.
Getaround's on-demand technology enables a contactless experience —
no waiting in line at a car rental facility, manually completing
paperwork, or meeting anyone to collect or drop off car keys.
Getaround's mission is to utilize its peer-to-peer marketplace to
help solve some of the most pressing challenges facing the world
today, including environmental sustainability and access to
economic opportunity. Launched in 2011, Getaround is available
today in more than 1,000 cities across the United States and Europe. For more information, please visit
https://www.getaround.com/.
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SOURCE Axle