ITOCHU Corporation Invests in MOTER Technologies to Accelerate Next-Generation Insurance Solutions
Partnership Combines MOTER's Advanced Insurance Technology with ITOCHU's Global Reach to Accelerate Next-Generation Mobility and Financial Services.
*Insurance software capable of real-time risk analysis and premium calculation, installable on in-vehicle devices.
Background
The automotive industry is undergoing rapid transformation, driven by CASE (Connected, Autonomous,
To address these needs, MOTER and ITOCHU have entered a financial and business partnership agreement that brings together MOTER's real-time insurance technology with ITOCHU's global business network. Through this partnership, the companies aim to accelerate the development and delivery of next-generation insurance and financial services, contributing to a safer and more sustainable mobility society.
Shared Vision
Through this partnership, MOTER's advanced technology-driven digital platforms and insurance product development expertise will be combined with ITOCHU's long-standing foundation in the retail insurance sector, built over more than 50 years in
Partnership Details
(1) Future Collaborations
By integrating MOTER's digital platforms with ITOCHU's knowledge and operations in the retail insurance sector, including management of
Reinsurance
Through collaboration with ITOCHU's reinsurance subsidiary, MOTER will expand its OEM-branded insurance programs in the
Working with entities such as
(2) Capital Investment Details
Investment Completion:
Investment Overview:
"We are pleased to establish this financial and business partnership with MOTER. Through our investment in MOTER, we will combine their advanced technology with our global network and reinsurance expertise to strengthen our role as
"We are truly honored to partner with ITOCHU, one of
About ITOCHU
The history of
About MOTER Technologies
MOTER was established in
To learn more about this partnership or explore how MOTER's platform can power your insurance solutions, please contact: Tets Hosoda, CFO at tets.hosoda@moter.ai and/or
Media Contact
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SOURCE MOTER Technologies
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