AmeriTrust, a specialty niche-focused, commercial insurance underwriter and insurance administration services company, has selected insurance telematics and scoring innovator, The Floow, to partner on the development of a commercial auto telematics solution, using smartphone technology as a sensor.
The Floow’s smartphone-based telematics platform—FloowDrive—will form the core of AmeriTrust’s new commercial telematics product. The insurer will target commercial lines customers, piloting with Oil & Gas service vehicles, to monitor driving and provide services to their fleet and non-fleet drivers using a smartphone-based app. FloowDrive will also provide AmeriTrust with a management information portal, showing the scores and behaviour of drivers against each policy.
For AmeriTrust, FloowDrive will provide granular insights into the driving habits of fleet drivers by scoring them on a number of driving factors, including smooth driving, distraction, speed, time of day and fatigue.
For business owners, the solution offers the opportunity for better intelligence on their fleet by understanding the behavior and risk of their drivers. It also allows them to share those insights with drivers via the app, and to intelligently act on and improve driver performance via coaching and feedback.