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Telematics platform for fleet insurers launched

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Telematics platform for fleet insurers launched

Telematics provider The Floow Ltd. has released FloowFleet, a telematics platform designed for commercial insurers serving fleets with 25 or fewer light-duty vehicles, the company said Monday.

FloowFleet measures speed, braking, smooth driving, mobile use, fatigue and time of day, a spokesman for The Floow said in an email.

Fleet managers can view trip-level data through a dedicated portal that can be easily accessed via desktop, tablet or mobile device.

Based in Sheffield, England, and Detroit, The Floow focuses on automotive telematics applications, the statement said.

FloowFleet works with onboard devices or fitted devices and provides a platform to offer relevant programs to improve driver behavior, such as coaching, the statement said.

“This helps fleet managers improve the risk profile of their fleet and potentially access cheaper commercial insurance,” John Kramer, The Floow’s vice president and head of U.S. operations, said in the statement. “At the same time, the insurer is able to access insights into the performance of the drivers in the fleets that they insure, giving them tools to better manage and price that risk.”

The Floow was a recipient of the Business Insurance 2017 Innovation Awards. 

 

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