Loop Mobility

About

LOOP is a mission-driven car insurance provider and Public Benefit Corporation headquartered in Austin, Texas, that focuses on providing fair and equitable coverage for underserved communities. Founded in 2018, the company uses a unique pricing model powered by artificial intelligence and telematics to evaluate risk based on how and where a person actually drives, rather than traditional, potentially biased factors like credit scores, zip codes, job titles, or education levels. By eliminating these systemic inequities, LOOP offers transparent, affordable insurance solutions and high-quality customer service provided by real people. The company is committed to social good, pledging a portion of its resources to uplift communities impacted by systemic injustice while delivering an end-to-end digital experience for quoting, policy management, and claims handling.

Details

Category
Electric Vehicles
Year Founded
Country of Headquarters
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Region of Operation

UN Sustainable Development Goals

Impact Area

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