Fairmatic appoints Jim Hinchley as President of Insurance

Commercial auto insurance startup Fairmatic announced Jim Hinchley’s appointment as President of Insurance.

Most recently, Hinchley was President, Business Insurance at Farmers.

“Fairmatic is using advanced AI and machine learning technologies to flip the script on how commercial auto insurance risks are analyzed, priced, and delivered to fleets. Our vision is to make AI-powered insurance more ubiquitous. With Jim as President, Fairmatic will be well positioned to continue creating brand new commercial auto insurance products anchored on greater control over safety, costs, and operational efficiency.” – Jonathan Matus, CEO and Founder at Fairmatic.

“What if your commercial auto insurance cost is up to you? Fairmatic has unlocked a solution to deliver commercial auto in a way that’s never been done before. Businesses have historically struggled with overpriced auto insurance premiums that don’t reflect their unique risk profile. Today, for the first time, if you’re a fleet business, Fairmatic’s differentiated approach gives you control over premiums and arms with you insights to actively reduce it, month over month. I’m thrilled to lead Fairmatic’s insurance division as we continue developing trailblazing solutions to make commercial auto insurance more differentiated, precise, fair, and safety-driven.” – Jim Hinchley, President of Insurance at Fairmatic.