Insurance Innovation Reporter

The company’s launch coincided with an announcement of an 11-state partnership with Lyft, but Mobilitas takes an open-minded view of the opportunities in the mobility sector.

Mobilitas Insurance’s Launch Marks CSAA’s Entry into Commercial Insurance

October 9, 2020
Author: Anthony R. O’Donnell

As necessity is the mother of invention, innovation is often the child of adaptation. CSAA Insurance Group (Walnut Creek, Calif.) saw the need to diversify in light of changing risks and opportunities, as CEO Tom Troy told Insurance Innovation Reporter in August. Despite its acronym, CSAA is no longer limited to selling auto insurance in California—the company now does business in 23 states and does significant business in homeowners. However, both to broaden the types of risk it takes on and to take advantage of new markets, the company has launched a new insurance carrier subsidiary Mobilitas Insurance (Glendale, Ariz.) as its departure into commercial insurance.

Read full article on Insurance Innovative Reporter >>