Metromile Secures Reinsurance Partnership
While the industry is grappling with an increase in frequency of claims,
"This reinsurance agreement provides continued validation that the pay-per-mile model is efficient and highly scalable," said
Eduardo Pérez de Lema, CEO of MAPFRE RE, has declared "we are very satisfied with this agreement which reflects our commitment to support insurance projects that require innovative reinsurance structures and involve qualified partners."
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About MAPFRE RE
MAPFRE RE is a global reinsurance company. It has consolidated its position as the 16th largest world reinsurer by premium volume and is a top contributor to the
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