State Auto Labs brings together investment and insurance expertise to grow innovations that are reinventing the insurance industry.
In collaboration with Rev1 Ventures, State Auto Labs connects startups with capital, technologists and insurance industry experts. Our objective is to identify, become early adopters of and invest in transformative technologies and solutions.
Focus
Supporting our industry’s transformation by investing in – and serving as first customers for – disruptive startups in these areas:
Technologies
Innovations that connect, collect and communicate with people, vehicles, offices and homes including Internet of Things (IOT), sensors, telematics and wearables.
Distribution
Enabling technologies to enhance both traditional and emerging channels, as well as new models to improve customer service and value to policyholders.
Data
Data-driven innovations to improve analytics and decision making, such as machine learning and artificial intelligence, and tapping into new sources of data from our increasingly connected world.
Products/Operational Solutions
Improvements to anticipate the changing needs of our customers and tap into new markets such as the sharing economy, insurance on demand and the reinvention of claims.
