STOCKHOLM, August 25, 2022 /PRNewswire/ — ABAX, one of the largest telematics companies in Europe, has selected Greater Than as its AI analytics platform partner for the insurance market. Using AI technology, ABAX is tapping into the commercial insurance market by launching a dynamically priced auto insurance offering in Norway for its B2B fleet customers.
The new insurance offering is a leap forward for ABAX in its ongoing work of analyzing mobility data to bring added value to its customers and fleets in the B2B market. Thanks to the dynamic price offer, ABAX clients can benefit from increased transparency and reduced cost of insurance thanks to the Tryg insurance solution.
Greater Than is an AI data analytics company that predicts accident likelihood and CO2 impact per driver in real time, revolutionizing car insurance pricing and new business solutions for the automotive sectors. automotive, new mobility and global fleets.
Niche product development began with a thorough analysis of the entire customer base, followed by the strategic design of the most suitable, attractive and competitive offer.
“The integration of the two platforms is a huge competitive advantage. The ABAX platform with real-time data, combined with Great Than’s leading AI platform, will provide one of the best tools for risk analysis in the insurance sector.This collaboration allowed us to develop the first insurance solution based on B2B data with Tryg Norway.”- said Morten’s BeachCEO of ABAX
“It is exciting to work with ABAX on their journey into this new area of using mobility data in the insurance industry for the B2B market. They are leading the way in the next generation of telematics. Their expertise in market and our proficiency in risk analysis with accurate pricing make us the perfect partner to continue to disrupt and grow at a rapid pace.”- says Liselott JohanssonCEO of Greater Than
Greater Than and ABAX entered into their partnership in the spring of 2022 with the aim of combining ABAX’s ability to use and deliver connected fleet offerings with Greater Than’s ability to transmit vehicle data through an API connection to the Greater Than cloud-based AI data analytics for business development. modeling.
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SOURCE Greater than