Southern Farm Bureau launches new insurance program, DriveDown, that rewards drivers based on safe driving behavior captured from mobile app

CHICAGO, Oct. 13, 2020 /PRNewswire/ — Today, top-30 American auto insurer Southern Farm Bureau Casualty Insurance Company (Southern Farm Bureau) announces it has launched DriveDown, a new mobile telematics insurance offering that rewards customers for their safe driving habits.

The DriveDown mobile app provides feedback about how a person drives to help improve driving and reduce his or her auto policy deductible. Drivers can download and enroll in DriveDown from their mobile phones. The app starts helping customers become safer drivers quickly through an engaging experience and ongoing feedback. Safer driving equates to extra peace of mind during the COVID-19 pandemic. 

“Safe driving is a very important issue for Southern Farm Bureau, and we are always looking for ways to protect our customers from the hazards of the road,” said Ben Kimmons, Southern Farm Bureau’s vice president, Actuary and Research and Development. “With Arity’s deep expertise in insurance

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MorphoSys AG Launches an Offering of Approx. EUR 325 Million Convertible Bonds

PLANEGG/MUNICH, GERMANY / ACCESSWIRE / October 13, 2020 / MorphoSys AG (FSE:MOR)(Prime Standard Segment; MDAX & TecDAX)(NASDAQ:MOR) today announces to launch an offering of unsubordinated, unsecured convertible bonds due 2025 in an aggregate principal amount of approximately EUR 325 million. The bonds will be convertible into up to approximately 2.65 million new and/or existing no-par value ordinary bearer shares of MorphoSys. The pre-emptive rights (Bezugsrechte) of existing shareholders of the Company to subscribe for the convertible bonds will be excluded.

The convertible bonds with a denomination of EUR 100,000 each will be issued at 100% of their principal amount. Unless previously converted, redeemed or repurchased and cancelled, the convertible bonds will be redeemed at their principal amount on October 16, 2025. The convertible bonds will be offered with a coupon between 0.625% and 1.125% per annum, payable semi-annually in arrear. The conversion premium will be set between 35.0%

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Honda launches comprehensive online car buying platform: 6-step process explained



a car parked in a parking lot


© Provided by The Financial Express


Honda Cars India has finally introduced its comprehensive online car buying platform. “Honda from Home” has expanded to allow customers to buy a new Honda car from their own home. While dealerships will continue to operate, Honda from Home now allows customers a contact-free experience along with added convenience. Initially, Honda had introduced the platform to simply book a new Honda model only. Recently Honda introduced its virtual showroom. Now, Honda from Home has expanded to a one-stop solution for a car purchase. Honda claims that it takes 6 steps from making a choice to buying the vehicle.

The Honda from Home solution is designed to provide a comprehensive retail experience. The process involves the customer to pick a car of their choice first. Following which, all the offers available for their vehicle of choice at the time will be provided. Once they are

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Juno Markets Launches Copy-Trading Services on Mobile

Retail brokerage Juno Markets announced on Friday the launch of the mobile application of the Juno Auto Trader, which offers copy-trading services.

The press release shared with Finance Magnates detailed that the mobile application will offer all features that are available on the web version of the brokerage. Additionally, the mobile application will add new strategies, adjusting portfolio settings, and monitoring performance.

The Most Diverse Audience to Date at FMLS 2020 – Where Finance Meets Innovation

Arthur Le, CEO Juno Markets

Commenting on the development, Juno Markets’ CEO, Arthur Le, said: “This mobile app has been in the works for over a year, and we’re excited to be able to release a version to the public that we’re proud of.”

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Audi launches cheapest Q8 SUV variant ‘Celebration’. Check price, details

German luxury car maker Audi on Friday launched a new variant of its premium SUV Q8 priced at 98.98 lakh (ex-showroom).

The ‘Audi Q8 Celebration’ is powered by a 3-litre petrol engine which delivers power of 340 hp and is capable of accelerating from 0-100 kmph in 5.9 seconds. It is being launched as the brand prepares to kick-start the festive season in India, Audi India said in a statement.

The Audi Q8 Celebration

The Audi Q8 Celebration will now become the entry level version of the SUV Q8 series at 98.98 lakh to add to the existing Audi Q8 which is tagged at 1.33 crore and the top end Audi RS Q8 priced at 2.07 crore.

Commenting on the launch, Audi India Head Balbir Singh Dhillon said, “traditionally, the festive season has been a strong sales period for the auto industry and we are extremely

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Ford Credit launches auto insurance quotes

Ford and Lincoln customers can now receive quotes for usage-based car insurance from Ford Motor Co. websites through the automaker’s Ford Insure and Lincoln Motor Co. Insure programs.

Ford Insure, a product created by Ford Motor Credit Co., leverages information about consumers’ driving habits into discounts on auto insurance. The product is underwritten by Nationwide Mutual Insurance and its affiliates.

“With 2021 models arriving, it’s giving customers another convenient way to look into our usage-based insurance offering,” a Ford spokeswoman said in a statement.

Customers who purchase a policy through the program immediately receive a 10 percent discount. Once they have a quote and an eligible 2020 model year Lincoln or Ford, customers can activate the feature through the connected Ford Pass and Lincoln Way mobile apps. At the end of a four- to six-month data-collection period, customers are notified whether they qualify for an additional discount.

Ford slowly launched

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DealerPeak Launches iD Web Platform, Brings Cutting-Edge Development Tools to Auto Dealerships of All Sizes

PHOENIX, Oct. 7, 2020 /PRNewswire/ — DealerPeak, an industry leader in automotive dealership customer relationship management (CRM) solutions, is pleased to announce the launch of their new iD Websites platform. iD Websites (aka ID Web) represents the next generation of automotive website development and management, and brings cutting-edge tools and capabilities to dealerships of all sizes.

To promote the launch, ID Web is offering free previews of sample websites for dealerships who sign up now, with sample delivery taking place within 48 hours of the dealership’s information reaching ID Web’s development team.

Matt Moore, President of DealerPeak, said in a statement:

“We’ve created a platform that combines all the best features of modern websites – AI support, optimized voice-capable search, built-in automation and lead-generation functions – into a drag-and-drop, visual page builder with a toolkit that’s powerful but easy enough for almost anyone to use.

“ID Web is

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Xiaomi Youpin launches the ONEBOT Racing Car Drift Edition RC Toy

Just recently, the Xiaomi Youpin platform listed a new product from ONEBOT, which is a toy race car. The ONEBOT Race Car Drift Edition is priced at 299 Yuan (roughly 44 US Dollars), with a special coupon also offering an additional 10 Yuan (roughly 1.5 US Dollars) discount at checkout.

The new toy race car has a rather complicated process of building, which is to make it as real to an actual race car. When finished, the ONEBOT race car spans a total length of 30 cm, and features a racing aerodynamic design, with various aspects reflecting the same. It also features a small but powerful motor that runs the toy car and is even offered along with precise controls.

The ONEBOT Race Car Drift Edition is made out of a number of 680+ PCS building blocks

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Powering convenience, Carzilla launches as the UAE’s newest auto service giants

Carzilla comes with a variety of auto-offerings that range from minor to major and full services
Image Credit: Supplied

Dubai: Born out of the aim to ease the process of automobile services and steer UAE residents to a seamless solution, Carzilla was designed to enhance customer experience and engagement, paired with convenience. This on-demand provision will provide doorstep car servicing facilities to customers with the touch of a button, all through their web platform and mobile app boasting of unique tools and technology to undertake and offer a variety of services such as repairs, performance inspections, cleaning and other related jobs. In addition, the car repair service app incorporates a live tracking feature, which will help customers track the mechanic, how long it will take to complete, and whether there have been any snags on the way or not. Incorporating such live updates while developing an on-demand car repair app

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Dhamaka offers! HDFC Bank launches over 3000 deals on shopping, credit cards, business loans, personal, auto and home loans



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As a part of its annual financial services dhamaka, HDFC Bank has launched ‘Festive Treats’! Under these financial services dhamaka offers, customers can avail of special deals on all banking products from loans to bank accounts, with over 1000+ offers from leading players and over 2,000 hyper local offers through tie ups with local merchants across semi urban and rural locations.

“In light of the unprecedented situation due to Covid19, all deals and offers this year can also be availed of digitally from the safety customers’ homes, in addition to over the counter at branches, partner stores and dealerships. On the heels of its Summer Treats festival, the bank expects mobiles, consumer durable, and electronics categories to do well in addition to apparels, jewellery and dining-in due to the festive season,” HDFC Bank said in a statement.

Offers will be available across the entire range

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