Insurance Telematics

FloowDrive to form the core of AmeriTrust’s new commercial telematics product

FloowDrive will provide AmeriTrust with a strong management information portal, showing the scores and behavior of drivers against each policy.

AmeriTrust 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.

AmeriTrust is a specialty niche-focused, commercial insurance underwriter and insurance administration services company. The Floow is known for its user-friendly telematics platform that provides drivers with actionable insights and engagement propositions.

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. In addition to the driver app, FloowDrive will provide AmeriTrust with a strong management information portal, showing the scores and behavior of drivers against each policy.

Using the smartphone as a powerful mobility sensor, AmeriTrust will deliver dual benefits:

  • 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. Embracing a new technology-driven scoring and rating system will help AmeriTrust offer more accurate insurance pricing, provide a differentiated customer experience and develop a better understanding of their risk. Further, on top of the FloowScore platform, AmeriTrust has the ability to develop their own proprietary scoring that will become their unique Intellectual Property.
  • 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.
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