WebFairmatic raises $46M to bring AI to commercial auto insurance. With inflation sparking an increase in the cost of repairs, labor and claims, fees for insurance are similarly spiking across the board. Car insurance premiums rose 13.7% nationally over the past year, according to a study from Bankrate.com. Home insurance, meanwhile, climbed 12.1% ... WebInsurtech startup Fairmatic raises $42 million to innovate commercial auto insurance The company, co-founded and headed by Israeli Jonathan Matus, has developed AI-powered …
Fairmatic - Funding, Financials, Valuation & Investors - CrunchBase
WebAug 31, 2024 · SAN FRANCISCO, Aug. 31, 2024 /PRNewswire/ -- Zendrive , the insurance industry's leader in Mobility Risk Intelligence, today announced the spin-out of a new commercial insurance company,... WebAir Doctor is a part of the Israeli delegation to the ITC 2024 conference. In a series of articles, Insurtech Israel News will present the companies in the… ulster bank galway opening hours
Fairmatic Raises $46M to Drive AI Innovation in Commercial Auto …
WebNov 23, 2024 · Underwriting actions the MGA has taken in the past year include pushing up minimum deductibles nationwide – including for quake – and removing sub-limits for loss causes such as wind-driven rain and sewer backups. In other words, she said removing coverages were the “bells and whistles in a softer market”. ... Fairmatic raises $46mn in ... WebMar 16, 2024 · Fairmatic's new approach leverages AI-powered technology in combination with deep telematics data to drive meaningful cost savings for fleets by valuing responsible driving leading to safer roads ... WebAug 31, 2024 · How it works: Fairmatic uses smartphones or other sensors to get actual data on miles driven as well as information on safety issues, including hard braking, … ulster bank financial health check