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Loop launches out of stealth to make auto insurance more equitable

Published by Techcrunch on Wed, 13 Jan 2021


Car auto-insurance from legacy providers has structural bias built into it. It uses metrics such as credit score, income, marital status and education to figure out insurance rates, which eventually disproportionately hurts low-income individuals through high rates and low protection. Loop, co-founded by John Henry and Carey Anne Nadeau, hopes to launch an alternative model []
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