Otonomo Delivers to Greater Than, InsurTech Leader, Connected-Car Data

Greater Than plans to leverage Otonomo’s privacy-compliant connected car data to deliver AI-based risk insights as a stand-alone offering to insurance providers.

Herzliya, Israel – June 30, 2020Otonomo, a pioneering automotive data services platform provider, today announced its agreement with Greater Than, the leading AI technology-based insurtech company. Otonomo plans to provide Greater Than with privacy-compliant, near real-time, connected car data from cars in Germany and the United States. Otonomo’s connected car data will be used by Greater Than to enable the expansion of direct sales of risk insights profoundly without any intermediate insurance product, hardware, or apps. Delivering stand-alone AI-based risk data to fleets and insurers facilitates and simplifies the access to an in-depth risk insight of its existing motor book.

“The big barrier to our growth has been efficient and scalable data capture.”, explains Liselott Johansson, Greater Than CEO. “With the Otonomo collaboration, we take a long-awaited step and can deliver our risk insight as a single offer without our customers having to change anything in their policies or offerings.”

The availability of embedded car data and innovation among service providers has resulted in a maturing market of tailored automotive-related services. By capturing embedded data from Otonomo, Greater Than can enrich and expand its offering beyond the data captured by aftermarket devices. This increases accessibility and facilitates the distribution of risk insights. As Greater Than recently launched an app2car connectivity, Greater Than will be able to connect any car to Otonomo’s diverse value-added services portfolio regardless of car model, fuel consumption, traffic, weather, cargo, or geographic position of the vehicle.

“We at Otonomo are proud that our unique technology combined with Greater Than’s high-performing AI delivers an innovative, customer-centric solution to the insurance industry.”, said Ben Volkow, Otonomo’s CEO. “We are aligned with Greater Than’s goal to develop information technology (IT) solutions and platforms designed to improve car driving.”

About Otonomo

The Otonomo fuels an ecosystem of OEMs, fleets and more than 100 service providers. Our neutral platform securely ingests more than 2.6 billion data points per day from over 20 million global connected vehicles, then reshapes, enriches and de-identifies it, to accelerate time to market for new services that delight drivers. Privacy by design is at the core of our platform, which enables GDPR, CCPA and other privacy-regulation-compliant solutions using both personal and de-identified aggregate data. Use cases include emergency services, mapping, EV management, subscription-based fueling, parking, predictive maintenance, usage-based insurance, media measurement, in-vehicle package delivery, and dozens of smart city services. With an R&D center in Israel, and a presence in the United States, Europe, and Japan, Otonomo collaborates with twelve industries to transform their business with car data. More information is available at otonomo.io.

About Greater Than

Greater Than has developed AI that price risk per vehicle in real-time, helping auto insurance carriers and automotive OEMs to reduce claims cost, support new business models, and enable behavioral-based pricing for new mobility. The company’s flagship product Enerfy Global is a platform with over 480 white label solutions, including AI pricing, digital insurance, gamification, and driver influencing Apps. Greater Than partners with global insurance carriers and is the platform for the FIA competition, the FIA Smart Driving Challenge, the first global challenge in safe driving. Greater Than is listed on Nasdaq First North Growth Market. FNCA Sweden AB, +46(0)8-528 00 399, info@fnca.se is Certified Adviser. www.greaterthan.eu.

Contact for Otonomo

Jodi Joseph Asiag
Head of Content & Communications
jodija@otonomo.io

Otonomo on LinkedIn

Contact for Greater Than 

Eva Voors, Head of Communications
+46 708 884 880
eva.voors@greaterthan.eu
www.greaterthan.eu

Greater Than on LinkedIn

Media Contact: Juliet McGinnis press@otonomo.io