ATG Risk Solutions closes seed funding
Maris Ltd., (dba ATG Risk Solutions), a Seattle, WA-based creator of a telematics data clearinghouse to enable and inform usage-based insurance (UBI) programs for auto insurance carriers, closed a seed funding round.
The company intends to use the funds to to expand marketing and service offerings
Led by Chris Carver, President and Founder, ATG Risk Solutions aggregates, normalizes and analyzes vehicle usage and the driving environment data from many sources, including telematics service provider companies, state departments of transportation, self-insured fleets, collision data, traffic services and others. The resultant data, formatted to open standards, along with the company’s proprietary analytics, are applied to underwriting, actuarial research, loss prevention and claims management services for property-casualty insurance companies and fleet risk managers.