Updater partners with Liberty Mutual Insurance

Company News

by David Chau

US-based company, Updater Inc (ASX:UPD), has signed a partnership for a Business Product pilot with Fortune 100 company, Liberty Mutual Insurance.

Updater is a tech company, whose online platform is designed to make the stressful activity of moving “easier”. It does this by seamless forwarding mail to new addresses, finding reputable moving companies, updating accounts and records, and more.

The company says the pilot with Liberty Mutual will last for 12 months, and begin after a 3-month technology integration period.

Updater says the primary goal of the pilot is to prove the value of its platform for Liberty Mutual and other businesses in the insurance industry.

Updater reported a net loss of $8.3 million at 31 December 2015.

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