This week on the Mobility Tech & Connectivity Show it’s #LighthouseDay. The lighthouse has been a staple of culture in the world since we built boats to sail the seas. And today we honor the silent, but bright, guardians of our coastlines and ships – the majestic lighthouse.
Also on the docket…
- The Fed jumps into the FinTech race
- Is Ride-Hailing facing Reality?, and…
- Insights from AutoIntel Summit
Special Guest – Austin Ledgerwood, Cover Genius
Our special guest this week is Austin Ledgerwood from Cover Genius, one of the fastest growing insurtechs globally. Its partners, including Booking.com – the largest travel company globally, utilize Cover Genius to sell millions of policies per year in the 60+ countries and 50 US States where Cover Genius is licensed.
Austin is Head of Strategic Partnerships in the Americas. He started with the company earlier this year, and was with Cox Automotive for nearly 12 years, including most recently as Head of Client Success with Flexdrive.
Austin just returned from the 2019 Automotive Intelligence Summit in Raleigh, NC. Some of his key takeaways we plan to discuss include:
- Subscription following the path of lease
- Interest in in-market access to auto insurance
- Plus, the real question – how do dealers keep up with digital platforms that are now offering a one-stop car buying experience that customers are demanding?
About the Show
The Mobility Tech & Connectivity Show is a weekly webcast where we explore people, ideas, and the technologies that influence how we are connected and the way we get around. It is hosted by me (Ryan Gerardi) and streamed live on the AutoConversion YouTube channel (subscribe now). The show is recorded and then featured on the AutoConverse Podcast.
The Fed jumps into the FinTech race
The Federal Reserve is entering the real-time payments race, announcing plans for a faster system to exchange money between banks by 2023 or 2024. The central bank said that a public alternative to the Clearing House system started by big banks in 2018 would “lower costs, improve efficiency and reduce the vulnerability of the financial system,” according to The Wall Street Journal. The development comes as technologies such as Venmo or Facebook’s proposed digital coin are speeding up the ability of businesses and consumers to make payments.
Is Ride-Hailing facing Reality?
Lyft COO resigns after a mere 18 months, while Uber fires 400 of 1200 positions in marketing.
Austin’s Insights from AutoIntel Summit
Last week I traveled to Automotive Intelligence Summit in Raleigh, NC. As constant innovation, disruption and technological advances rapidly defuse the automotive sphere, the Automotive Intelligence Summit seeks to provide answers to questions about the future of the auto industry. The event brought together leaders within the automotive, auto-finance and transportation-related industries to network and share knowledge around intelligence, data and analysis.