Locations
Toronto, ON, Canada · North York, Toronto, ON, Canada
industry
Software
Size
1 - 10 employees
Stage
Other
founded in
2019
Allegory is the first insurance provider that focuses on preventative behavioral insurance provided through digital channels. We believe that insurers should play a huge role in prevention as well rather than taking a reactive approach only. This can be done by leveraging the true value of telematics, IoT, and advanced driver-assistance systems (ADAS) on an ongoing basis. If it's done right, it's beneficial for everyone: good drivers save on premiums, insurers reduce loss ratios, and communities become better and healthier. Allegory uses hundreds of thousands of data points to understand how you drive, how much you drive, where you drive, and what you drive. We combine all this data by using our unbiased artificial intelligence to provide the fairest, most affordable personalized insurance coverage ever. Moreover, we continuously coach you on how to save more on your premium and warn you in real-time to prevent you from the risks around you. Our mission is clear: we want to rewrite the allegory of insurance together.
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