Progressive

Eliminating financial intermediaries by directly connecting individuals and businesses

P2P Financial Platforms

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    Upstart is an online lending platform that uses artificial intelligence (AI) and machine learning to assess borrowers' creditworthiness beyond traditional credit scores. It provides personal loans ranging from USD 1,000 to USD 50,000 with repayment terms of three or five years. Upstart partners with banks and credit unions to fund these loans.
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    Upstart's lending model considers factors like education, employment history, and area of residence in addition to credit scores. This approach aims to provide access to affordable credit for borrowers with limited or poor credit histories. As of March 2024, Upstart's partner banks offer annual percentage rates (APRs) ranging from 7.8% to 35.99%.
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    Upstart stands out for its quick approval process, with most borrowers receiving an instant decision and funding as soon as the next business day after acceptance. The platform charges origination fees of up to 12% and allows borrowers to change their payment due date once every 12 months.
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Upstart is a lending platform that leverages artificial intelligence and machine learning to price credit and automates the borrowing process. The company's proprietary underwriting model identifies borrowers despite limited credit and employment history by using variables including schools attended, area of study, and work experience. Upstart powered banks can offer higher approval rates and experience lower loss rates*, while simultaneously delivering the exceptional digital-first lending experience their customers demand. Upstart was founded in 2012 and headquartered in San Mateo, California and Columbus, Ohio.

G & L Internet Bank, a gay and lesbian Internet bank.

Progressive is a place where innovation and collaboration are a way of life. Each of our employees has a role in our success and together, we continue to find new and better ways to satisfy our customers and move the insurance industry forward.

<div>  <p>    Progressive is a place where innovation and collaboration are a way of life. Each of our employees has a role in our success and together, we continue to find new and better ways to satisfy our customers and move the insurance industry forward.  </p>  <p>  </p></div>

The Progressive Corporation

Progressive Doubles As Backup For Any Home, Auto Problem

Progressive Insurance

New insurance models are disrupting a centuries-old industry with a focus on personalization and convenience

InsurTech: Personal Lines

Startups in the automobile insurance space, predominantly providing usage-based insurance using telematics devices and/or smartphone sensors.

Startups that offer homeowners and renters insurance using artificial intelligence (AI) and smart home devices to issue policies and validate claims.

Startups that provide life insurance through digital channels personalized to an individual’s circumstances and replacing traditional practices, such as medical tests, with data-driven underwriting.

Companies that offer personal line covers for travel and pets through digital channels and use technologies such as flight tracking and online claims processing.

Providers of comparison websites and tools for carriers, agents, and insurers to compare and purchase policies.

Companies that provide personalized health insurance to consumers via digital channels and use technology such as wearable medical devices to monitor health and improve user experience and underwriting.

Companies that offer digital-only insurance for personal belongings (bicycles, mobile phones, laptops, and cameras), providing protection against theft, loss, or damage, with financial reimbursement or replacement.

Simplifying the insurance experience for businesses using technology

InsurTech: Commercial Lines

Startups that offer insurance covering financial losses from claims of injury or damage caused by the business’s actions or products, including general, product, and professional liability.

Startups offering auto insurance and usage-based insurance products specifically tailored for businesses, including fleet operators.

Startups that provide coverage to protect physical property, including business buildings, inventory, and contents.

Startups that provide coverage for medical expenses and lost wages incurred by employees injured or falling ill while on the job.

Startups offering insurance covering lost income and additional expenses incurred when a business is unable to operate due to covered perils such as fire, natural disasters, or other disruptions.

The Progressive Corporation

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