The US car insurance industry is worth around $199 billion - but car use is declining, and one third of people sought a new insurer in 2013. Adapting to changing usage patterns and customer demands, Metromile makes insurance more customer-friendly with a pay-by-the-mile scheme.

While mobile penetration is 80% in Africa, most people use pay-as-you-go plans instead of carrier contracts. But with getting the best deal the top priority amongst Africans, people tend to switch networks often. Could a network offering add-on health insurance encourage loyalty?

Why should your car insurance premium be determined by a group of risk-takers that you've never met? UK start-up Guevara helps responsible drivers cut the cost of their car insurance through group payments with friends that are equally cautious behind the wheel.

70% of American car owners overpay for insurance because they don’t drive much. Combating this, MetroMile is a plug-in device for cars with an accompanying app that uses data to help drivers save money.