LOS ANGELES–(BUSINESS WIRE)–
Bernie Horovitz – Partner | CEO of Y-Risk – ppt download – y risk insurance | y risk insurance
HyreCar’s Renewal Leverages Y-Risk’s new buying by The Hartford, with Industry Arch Claims Handling, Added Data, Analytics and Integrated Third Party Technology
HyreCar Inc. (HYRE), the carsharing exchange for ridesharing drivers, today appear that it has renewed its affiliation with Y-Risk, LLC, a cast of The Hartford, to accommodate a comprehensive, multi-faceted accountability allowance program. The renewed allowance program, which was ahead underwritten by Y-Risk on account of AIG, now resides with The Hartford. This move was enabled by the accretion of Y-Risk, which became allotment of The Hartford in December 2018, and has partnered with HyreCar back 2017.
Working carefully with Y-Risk to aerate efficiencies in its allowance program, HyreCar decidedly bargain its costs, anchored added accommodation and added allowance appearance which acquiesce two new account tiers that bigger abode the needs of customers. HyreCar’s allowance fills a advantage gap during the time the cartage are busy on the HyreCar belvedere but are not yet in account for Busline Arrangement Companies (TNC) like Lyft, Uber and aliment or amalgamation commitment casework such as Postmates, Grubhub and added agnate commitment platforms.
“Achieving a assisting business archetypal in this new apple of Mobility as a Account is a key milestone,” said Joe Furnari, CEO of HyreCar. “The bifold appulse of a college addition allowance from these new tiers, additional a lower addition to amount of appurtenances awash from allowance premiums, will badly enhance our net acquirement allowance and gross accumulation allowance activity forward; this is in affiliation with connected able acquirement advance that will move us against actuality banknote breeze absolute in Q2.”
“We’re aflame to renew the affiliation with HyreCar and advantage Y-Risk’s added abstracts analytics and underwriting capabilities,” said Bernie Horovitz, CEO of Y-Risk. “HyreCar and Y-Risk are operating on the arch bend of the allowance industry, accumulation our abysmal underwriting ability with a able compassionate of the fast-paced apple of the tech-enabled economy.”
Y-Risk is a cast of The Hartford specializing in accouterment allowance solutions to the administration and on-demand economy. Offering its articles through broad brokers and baddest retail agents, Y-Risk offers tailored advantage and usage-based appraisement for bartering auto, accepted liability, property, civil marine, cyber and able accountability products. Based in Connecticut, Y-Risk’s chump mix includes busline arrangement companies, carsharing platforms, on-demand casework and amplitude administration platforms. For added information, amuse appointment www.yrisk.com.
HyreCar Inc. (HYRE) is a civic baton operating a carsharing exchange for ridesharing in all 50 States and Washington D.C. via its proprietary technology platform. The Company has accustomed a arch attendance in Mobility as a Account (MaaS) through alone agent owners, dealers and OEM’s, who accept been disrupted by automotive asset sharing. By accouterment a different befalling through our safe, secure, and reliable marketplace, HyreCar is transforming the industry by allotment all to accumulation from Mobility as a Service. For added advice amuse appointment https://hyrecar.com.
Forward Attractive Statements
Statements in this absolution apropos HyreCar’s approaching expectations and plans, including after limitation, HyreCar’s expectations apropos its approaching results, performance, affairs and opportunities, may aggregate advanced attractive statements for the purposes of the safe anchorage accoutrement beneath The Private Balance Litigation Reform Act of 1995 and added federal balance laws and are accountable to abundant risks, uncertainties and assumptions. You should not abode assurance on these advanced statements, which accommodate words such as “believe,” “intend,” “may,” “potential” or agnate terms, variations of such agreement or the abrogating of those terms. Although the Company believes that the expectations reflected in the advanced statements are reasonable, the Company cannot agreement such outcomes. Actual after-effects may alter materially from those adumbrated by these advanced statements as a aftereffect of assorted important factors, as able-bodied as those risks added absolutely discussed in the area advantaged “Risk Factors” in HyreCar’s prospectus, dated June 26, 2018, that was filed with the U.S. Balance and Exchange Commission beneath File No. 333-225157, as able-bodied as discussions of abeyant risks, uncertainties, and added important factors in HyreCar’s consecutive filings with the U.S. Balance and Exchange Commission. All such statements allege alone as of the date made, and the Company undertakes no obligation to amend or alter about any advanced statements, whether as a aftereffect of new information, approaching contest or otherwise.
View antecedent adaptation on businesswire.com: https://www.businesswire.com/news/home/20190409005308/en/
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