Porch Group shares rise 1.41% premarket after Home Factors platform demonstrates high ROI for insurance carriers.

Porch Group, Inc. rose 1.41% in premarket trading, with the company announcing that its Home Factors property intelligence platform has completed testing with multiple new insurance carriers, demonstrating a return on investment (ROI) of over 20x for each carrier. The platform provides insights to over 88% of the carriers’ policy data, identifying segments with 23%–50% higher loss ratios tied to attributes such as signs of water intrusion and electrical panel size.