Driveway Software
| Company type | Private |
|---|---|
| Industry | Telematics, Usage-based insurance |
| Founded | 2013 |
| Founder | Igor Katsman, Jake Diner |
| Headquarters | San Mateo , United States |
Area served | Usage-based insurance sector |
Key people | Igor Katsman (CEO), Jake Diner (Co-founder) |
| Products | Smartphone-centered telematics platform for UBI |
Driveway Software operates as a telematics provider delivering a smartphone-centered platform tailored for the usage-based insurance (UBI) sector. Established in 2013 by CEO Igor Katsman alongside co-founder Jake Diner, the company is based in San Mateo, California.
History
Driveway pioneered the insurance telematics market by launching the initial app featuring automatic trip detection without requiring any additional hardware, while maintaining low impact on smartphone battery life and performance. Over a span of six years, this application was adopted by more than 200,000 users and amassed upwards of 500 million miles of driving data.
After securing funding in 2015, Driveway expanded its clientele to include a range of mid-tier insurance providers.
Industry involvement
Driveway Software has gained recognition in prominent industry outlets such as Insurance Innovation Reporter, IoT Evolution, Property Casualty 360, Insurance Technology Association, Insurance & Technology, and Insurance Thought Leadership. The coverage has emphasized the significance of UBI, evaluated differences between OBD devices and mobile telematics, explored real-time data applications, addressed privacy concerns, fraud prevention techniques, and discussed approaches to enhance customer loyalty.
In 2015, Driveway collaborated with Pinnacle Actuarial Resources to offer an integrated UBI solution utilizing driver scoring analytics.