InsurTech Futures: Pay-per-mile broker gets £350,000 investment

Young male driver

InsurTech broker By Miles (formerly known as Just Miles) has received investment of £350,000 from Hambro Perks and InMotion Ventures and a number of angel investors.

The London based insurtech startup stated that it is set to launch what it described as a new kind of pay-per-mile insurance policy later this year.

The cover will be available along with a smartphone app that By Miles claimed will make owning a car simpler and more cost-effective for lower mileage drivers.

The business was found

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: