William Ross’ Post

Check out how Federato’s RiskOps automated platform helped HDVI dramatically improve underwriter efficiency. Federato’s technology platform processes a massive amount of data while simplifying the underwriting process, slashing our time to quote from one week to half a day while maintaining precision underwriting and pricing. These AI-rooted capabilities will help power our future business growth and protect more fleets with modern data-driven safety solutions.

At Lockton we have been preaching this for several years. The CAB report only shows a sampling of the true risk profile of a motor carrier. With modern day telematics and the ability for insurance carriers to get that data in real time and use it to accurately underwrite each risk is the future of over-the-road insurance. Nirvana Insurance is one of the insurance carriers leading the way in the future of OTR underwriting. https://lnkd.in/gsYuVUXj #transportationriskmanagement #Transportationandlogistics #translogrisk

The Future of Commercial Insurance: Embracing Video Telematics Video telematics is revolutionizing commercial insurance by providing real-time video footage and telematics data, streamlining claims management, and promoting safer driving behaviors. Nexar Inc.offers state-of-the-art solutions tailored for commercial #videotelematics #commercialinsurance #claimsmanagement #safety #Nexar https://hubs.li/Q02pM1rb0

Motor fleet insurtech Flock has partnered with industry giant Admiral Group Plc’s venture-building business to expand its product range and appeal to a broader base of customers. Flock added that the partnership would aim to “transform UK fleet insurance with advanced technology and real-time risk management solutions”. It uses telematics to provide real-time data on driving behaviour. Clients include JLR and Amazon, with Flock currently insuring around one-third of its UK delivery fleets. Flock enables fleets to earn up to 10 per cent of their policy premium back if they improve safety during the policy term or drive less than expected. “Admiral Pioneer’s pricing, underwriting and claims management capabilities perfectly complement Flock’s technological expertise, data-driven approach and deep understanding of commercial fleet customers. Our combined strengths will lead to safer roads and more efficient fleet operations across the UK,” said Co-founder and chief executive Ed Leon Klinger Emma Huntington, CEO of Admiral Pioneer, commented: “Our rigorous partner selection process ensures that we align with companies that not only disrupt the market but also share our values and vision. Flock stood out due to their innovative approach, strong leadership team and cultural alignment with us. With a strong synergy, we are well positioned to deliver exceptional value to our customers.” https://lnkd.in/ek7ZpH_d #Openinsurance #Embeddedinsurance #Insurance #partnership #Insurtech

The Future of Commercial Insurance: Embracing Video Telematics Video telematics is revolutionizing commercial insurance by providing real-time video footage and telematics data, streamlining claims management, and promoting safer driving behaviors. Nexar Inc.offers state-of-the-art solutions tailored for commercial #videotelematics #commercialinsurance #claimsmanagement #safety #Nexar https://hubs.li/Q02pM0Vz0

The Future of Commercial Insurance: Embracing Video Telematics Video telematics is revolutionizing commercial insurance by providing real-time video footage and telematics data, streamlining claims management, and promoting safer driving behaviors. Nexar Inc.offers state-of-the-art solutions tailored for commercial #videotelematics #commercialinsurance #claimsmanagement #safety #Nexar https://hubs.li/Q02pM0mf0

🚀 QuantivRisk Secures $925K to Transform Auto Insurance Claims We are thrilled to share that QuantivRisk , a trailblazer in the auto insurance space, has raised $925,000 in funding! Founded by industry veteran John Pettit, QuantivRisk uses cutting-edge Vehicle Performance Data (VPD) to revolutionize how accident claims are evaluated and resolved. Their innovative CRASHVIEW™ tool provides an “instant replay” of vehicle collisions, ensuring objective, data-backed insights that eliminate subjectivity in claims processing. This funding marks a significant milestone in our journey to bring next-gen technology and data science to the forefront of the insurance industry. #InsurTech #AutoInsurance #DataScience #Innovation #FundingNews

Telematics is reshaping the commercial auto insurance landscape, offering insurers valuable data for smarter underwriting. Dive into the challenges and opportunities with industry expert Charles Smith of SambaSafety. https://hubs.la/Q026Sr0k0 #Telematics #InsuranceInnovation #RiskManagement #AutoInsurance

Are you an independent insurance agent looking to stay ahead in the ever-evolving insurance landscape? Embrace telematics! Check out this insightful article on how telematics is reshaping the industry and why it's crucial for agents to incorporate it into their quoting process: https://hubs.li/Q02szTGp0 With telematics, agents can offer more personalized quotes based on individual driving habits, enhancing the value they provide to clients while staying competitive in the market. Don't miss out on this opportunity to protect your business and ensure long-term success! #Insurance #Telematics #InsurTech #IndependentAgents #AutoInsurance #Innovation #CostSavings #MarketTrends #FutureofInsurance

🌐 AMCO.NET AMCO Auto Insurance : Where Innovation Meets Execution 🌐 In a world where change is the only constant, AMCO.NET stands as your partner in progress. “Make every decision count, and craft the legacy you want to leave behind.” That’s our mantra. 💼 Lead with Innovation 💼 Opportunities don’t just come to you; you create them. With AMCO’s state-of-the-art solutions, you’re always one step ahead. Transform challenges into stepping stones for success. 🔥 #PurposeDrivenHustle 🔥 Our hustle has a heartbeat. We believe in working with purpose, providing unmatched value, and watching success unfold. Let’s make an impact, together. ✨ Be Part of the AMCO Movement ✨ Join a community that’s more than just a business. We’re a movement towards excellence and meaningful achievements. Life’s too short for what-ifs. Let’s make every moment worthwhile. #AMCO #LeadTheChange #ExcellenceInAction #MakeItCount