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Assurant teams with Altelium on battery electric vehicle protection
The Fly

Assurant teams with Altelium on battery electric vehicle protection

Assurant announced an agreement with Altelium, a provider of real-time data driven battery solutions. The partnership enables Assurant to leverage Altelium’s artificial intelligence -driven battery data and electric vehicle insights to create an array of innovative electric vehicle solutions, including vehicle service contracts that protect EV owners from costly battery repair and replacement. Assurant will also use this technology to provide enhanced EV awareness to dealers and EV insights to EV owners. "While this partnership represents the foundation of a wide range of potential EV and EV-related solutions for auto dealers and EV owners, Assurant is already deploying Altelium’s technology in Assurant EV One ProtectionSM, Assurant’s most comprehensive electric vehicle service contract product to date. With Assurant EV One ProtectionSM, drivers of BEVs and PHEVs less than eight years old, and with fewer than 80,000 miles at the time of purchase are covered for extensive mechanical repair and replacement coverage, including the lithium-ion / traction battery and battery management system."

Published first on TheFly

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