Concirrus unveils new partnership to automate fleet risk management
London-based insurtech Concirrus has entered into a partnership with connected camera specialist SureCam, in a move aimed at reducing insurance costs and improving profitability for fleet operators.
Concirrus will integrate SureCam's technology into its data analytics platform, Quest Fleet, in order to provide new insights that will enable fleets to automate risk management processes, prioritise driver coaching effectively and optimise first notification of loss.
“Having evaluated the market, SureCam was a great partner for our business given their focus on safety, combined with a high calibre of clients aligned with our own values and vision. Extending the Quest Fleet proposition to the fleet operators allows us to address larger and self-insured customers. This means any cost savings that can be made by driving out risk and shortening the claims process will go straight to their bottom line," said Craig Hollingworth, managing director of motor at Concirrus. "For smaller fleets that may be traditionally insured, we’ve seen insurers pass cost savings from these projects back to the fleet operator – so, it’s win-win for everyone.”
Justin White, managing director of SureCam, said: “We recognise that fleet operators find it difficult to manage and prioritise the vast amount of data available through telematics and video footage. Therefore, we needed to determine how we could harness advanced technologies such as AI and machine learning to facilitate automation of processes, improve data analysis and help alleviate the operational burden for our customers. With a cutting-edge technology platform, easy to use interface and a solid team of data scientists, partnering with Concirrus was a natural choice for us and we’re very excited to take this game-changing solution to market.”
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