ABAX launches Fair Car Insurance
European telematics company ABAX announced the launch of Fair Car Insurance , a new commercial car insurance broker that will utilize driving data to offer companies better rates.
Coverage will initially be offered to customers of ABAX in Sweden. The company claims to have 44k customers across eight countries.
The new offering was developed in partnership with mobility data company Greater Than.
“Fair Car Insurance has arrived to provide a completely new insurance offering by utilizing predictive driving behavior for customer beneficial risk segmentation, transparent pricing, individualized insight and crash mitigation for improved road safety. The result is a tailored insurance offer that’s unlike anything else on the market.” – Emma Dyga, CEO of ABAX Group.