2026-08-11 · Source: Reinsurance News
Summary in 3 Points • Spinnaker Insurance Company partners with In The Car to offer embedded motor insurance in the US • The partnership aims to provide bindable motor insurance across all 50 US states within three years • ITC's platform integrates with dealer systems, offering insurance quotes in under 45 seconds --- Spinnaker Insurance Company, a subsidiary of Hippo Holdings Inc., has partnered with In The Car (ITC) to expand embedded motor insurance across the United States. This collaboration will enable Spinnaker to offer bindable personal motor insurance in all 50 states over the next three years, integrating insurance into the vehicle purchasing process. ITC's platform allows consumers to receive insurance quotes in less than 45 seconds during vehicle purchase. The partnership uses Spinnaker's national presence and ITC's technology to extend services to dealership partners and OEM relationships nationwide. This initiative aligns with Spinnaker's strategy of working with MGAs and programme administrators to develop innovative insurance distribution models.
The partnership between Spinnaker and ITC could signal a growing trend towards embedded insurance solutions, which may influence the London Market's approach to motor insurance. Underwriters might explore similar partnerships to streamline policy issuance and enhance customer experience. This development could lead to changes in policy wording and pricing strategies as embedded insurance becomes more prevalent. Additionally, the integration of insurance into the vehicle sales process may impact claims handling and risk assessment practices in the London Market.