Thanks to the latest data analysis and driver scoring capabilities, car insurers can now obtain predictive driver scores for their whole portfolio via a simple GPS data connection, helping to boost competitiveness and profitability.
Motivating people to change their driving behaviors to fight road crashes and climate impact is a real challenge in mobility. Now, with the adoption of artificial intelligence, mobility providers are seeing how gamification can influence lasting driver behavior change and boost customer engagement.
The New Year is the perfect time to reflect on the achievements of the year gone by and look ahead to new opportunities and challenges. Here are some of the biggest recent developments in Greater Than’s AI and a glimpse into how we plan to enhance mobility management in 2023.
Discover how AI can convert GPS data into profitable opportunities For any organization that owns GPS data, it’s a dream […]
To be recognized as leaders in sustainability, motor insurers need to evaluate the whole supply chain and shout louder about their green credentials. Infusing artificial intelligence into their sustainability strategies can help motor insurers accelerate the achievement of climate change goals and uncover new green business opportunities.
The prospect of a motor insurance revolution is a hot topic and there is currently much discussion around how technology is finally transforming the industry. But it’s not just motor insurance companies themselves that are part of the revolution, as other major players discover that by using their GPS data for risk analysis, they become part of the next generation of motor insurance influencers and providers.
By connecting 200,000 cars to Greater Than’s risk analysis platform, ABAX managed to identify new market entries in less than four months, segmentized target groups, and develop a tailored insurance offering for its fleet customers.
We were delighted to announce our inclusion in the 2022 InsurTech100 list earlier this week. To coincide with our inclusion, FinTech Global conducted an interview with Greater Than Founder Sten Forseke.
For many years insurance companies and fleet managers have used license checking or other lagging indicators to gauge driver risk. While this does correlate to risk, it leaves potential gaps in which high-risk drivers can go undetected.
Customer satisfaction is critical in business. And, with the costs of attracting and gaining new customers much higher than retaining existing ones, it’s easy to see why many businesses focus their resources on keeping current customers satisfied.
Harsh acceleration, braking and cornering, as well as speeding, are widely considered the key indicators of driver risk. And, because such driving “events” have become synonymous with the measurement of driver risk, it can be difficult to understand how risk can be analyzed without them.
Telematics service providers (TSPs) gather vast amounts of data to help fleets manage their vehicles and drivers.
