Investment - Articles - Munich Re and The Floow enter global telematics agreement


Munich Re and telematics provider The Floow have reached an agreement for a global partnership.

 
 With this deal, the Floow’s portfolio of solutions and capabilities can be provided to insurance clients around the world whilst also strengthening Munich Re’s telematics consulting offering. Combining The Floow’s data collection, refinery and scoring solutions with Munich Re’s insurance product and actuarial expertise will deliver a superior solution for insurance clients globally.
 
 “We see enormous appetite for the development of usage based insurance propositions by our clients around the world,” commented Sabine Fischer, Head of Motor Consulting at Munich Re. “The underpinning capabilities have to be right, and we’ve carefully selected The Floow as our partner because we believe in the quality of their offer. Together we will deliver a best in class value proposition to our clients.”
 
 “Munich Re is an excellent partner for us to work with and we’re confident that they will help us to extend our reach and bring the power and benefits of telematics to many more insurers and their customers worldwide,” commented David James, Chief Operating Officer at The Floow. “We’re excited by the opportunities that this partnership will bring and are already engaged in new projects in the Middle East, Africa, the Americas, Asia and mainland Europe.”
  

Back to Index


Similar News to this Story

Marks and Spencer complete second round of pensioner buy ins
Marks & Spencer has taken another important step in reducing the risks in its £10bn UK defined benefit pension scheme. Marks & Spencer has now secured
SMEs not achieving maximum return on investment
Quantum Advisory, the leading independent financial services consultancy, has said that whilst more small to medium sized employers (SMEs) are now inv
Broadstone acquires 3HR Benefits Consultancy
Broadstone, one of the UK’s leading employee benefits and pensions consulting businesses, has announced the acquisition of 3HR Benefits Consultancy. T

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.