18 March 2022
Created as an innovation sandbox for Farmers, the company has grown into an operating division with its own brand, with embedded technology for renters and auto insurance.
Toggle has been named the winner of the Celent Model Insurer of the Year 2022 at the Boston-based research and advisory firm’s annual Innovation & Insight (I&I) Week event. Created as an innovation lab within Farmers Insurance Group (Los Angeles), Toggle has grown into an operating division of the company with its own brand. Toggle debuted with a renters insurance product and has since issued an auto insurance product, with plans for other lines of business. During a virtual I&I Week session, Celent Senior Analyst Rob Norris interviewed Stephanie Lloyd, President of Toggle and head of New Ventures at Farmers.
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Industry
Life Insurance, Property & Casualty Insurance
Media Type
News Articles
Geographic Focus
Asia-Pacific, EMEA, LATAM, North America