Intuit to Expand Usage-Based Auto Insurance Product With Zendrive Acquisition

Intuit plans to acquire technology and add employees from Zendrive to accelerate the development and adoption of Karma Drive, a telematics-powered, usage-based auto insurance product offered by Intuit business unit Credit Karma. Because Karma Drive is powered by telematics, the product gives carriers better visibility — with member consent — into members' driving behaviors, according to the release. Credit Karma has partnered with Zendrive since it launched Karma Drive more than three years ago, according t ...