The new offering uses data from Samsara’s advanced technology to determine insurance rates based on driving safety and other pertinent factors. Samsara’s equipment, which includes smart cameras and devices, captures real-time data on driving behaviour and vehicle safety, facilitating early risk detection and management.
Distributed by Marsh, Inigo’s latest insurance solution is now available nationwide in the US. Launched at the outset of 2024, it has already garnered attention from prominent trucking companies. The primary aim of this collaboration is to enhance road safety by leveraging data insights to gain a comprehensive understanding of fleet operations, ultimately reducing accidents and losses. This data-driven approach also empowers clients to better comprehend and manage their risks, potentially opening up new avenues for their businesses.
Craig Knightley, Insurance Chief Underwriting Officer at Inigo, said: “Our core belief is that data science can provide different perspectives on risk. When we met with Samsara and realised just how effective their product is, we knew that working together, we could find an innovative new product for the market.”
He continued: “We believe analysis of different datasets has demonstrated that a robust deployment of Samsara’s telematics and safety solutions will lead to a much better understanding of fleet performance and management, making a material impact on loss frequency and serving to make the roads safer. We see a further opportunity to work with clients to help them understand and contain risk to unlock business potential.”
Ursula Worth, VP of Channel Sales & Strategic Partnerships at Samsara, also commented, saying: “We’re thrilled to welcome Inigo into Samsara’s growing ecosystem as our latest insurance partner.”
She added: “By leveraging data from our platform to help provide more accurate risk assessments, Inigo is taking an innovative and data-driven approach to improving safety standards and encouraging safer driving behaviour among some of the biggest names in the fleet industry.”