23 April 2020
1 min read

Greater Than Announces Issue of 7 Patents in the United States Protecting the Company’s Artificial Intelligence Methods of Driving Data and Risk Validation

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Greater Than, The AI-based technology and insurtech company today announced that The United States Patent and Trademark Office (USPTO) had issued the seven patents covering the company’s Artificial Intelligence Methods. The seven patented methods serve to protect further Greater Than’s methods and AI-based technology surrounding the evaluation of driving data on an individual driver level.

“With our seven patents portfolio granted by the USPTO, our strategic thinking and early development of AI methods are proven. As a pioneer in the field, we early understood the future impact of Artificial Intelligence that we now see. With these patents in place, we are fully equipped to meet our US customers within the auto and insurance industry with a validated and protected technology supporting their future business portfolios,” said Liselott Johansson CEO Greater Than

Greater Than has since its inception in 2004, developed Artificial Intelligence methods based on driving data and driving patterns to support and evolve industries involved in

auto and driving risk insights. The company’s methods to identify good and bad risks according to driving behavior in real time, have been designed to be easily adaptable and implemented to enhance the connected car business further, in the benefit of sustainable business models for insurance carriers, car manufacturers and new mobility.

“Greater Than anticipated challenges in the auto and insurance industry, and our technology is developed with this flexibility in mind. With our products and services, we offer our customers to evolve with the industry at pace. With our patents approved in the US, our technology and platforms are now strongly positioned to deliver the benefits to our customers,” said Anders Lindelöf, Co-founder & CTO, Greater Than

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About Greater Than

Greater Than has developed AI that price risk per vehicle in real-time, helping auto insurance carriers and automotive OEMs to reduce claims cost, support new business models and enable behavioral based pricing for new mobility. The company’s flagship product Enerfy Global is a platform with over 480 white label solutions, including AI pricing, digital insurance, gamification and driver influencing Apps. Greater Than partner with global insurance carriers and is the platform for the FIA competition, the FIA Smart Driving Challenge, the first global challenge in safe driving. Greater Than is listed on Nasdaq First North Growth Market. FNCA Sweden AB, +46(0)8-528 00 399, info@fnca.se is Certified Adviser. www.greaterthan.eu