Metromile Inc (MILE) USD0.0001 A
Metromile, Inc., formerly INSU Acquisition Corp. II, is a digital insurance platform and pay-per-mile auto insurer. The Company is principally engaged in offering personalized auto insurance policies priced and billed by the mile, with rates based on how much the customers actually drive, instead of using the industry standard approximations and estimates. Its digital offering is built around the modern driver’s needs, featuring automated claims, complimentary smart driving features and annual average savings of approximately 47%. In addition, through Metromile Enterprise, the Company licenses its technology platform to insurance companies around the world. The Company's cloud-based software as a service enables carriers to operate efficiently, automate claims to expedite resolution and reduce losses associated with fraud. Its offerings include liability coverage, car coverage and medical coverage.
The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.
Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.