Zurich and Onto use AI for EV fleet risk management

Zurich is working with electric car subscription service, Onto, to improve road safety and dynamic insurance with predictive risk analytics.

The joint collaboration with predictive AI insurtech, Greater Than, will expand on the fleet’s AI connectivity to enable the future launch of customer-centric features, including loyalty programmes and other rewards.

"This partnership further cements our commitment to being a transparent, dynamic and agile insurance partner – always putting road safety and accident prevention centre stage. We continue to collaborate with Greater Than to advance these goals, as their platform provides shared access to unique risk data, both to us and our customers,” said Darren Stoddart, senior fleet underwriter at Zurich.

"We are keen to leverage new technology to understand our customer base better with an eye to developing new tailored solutions. The risk and pricing data we have access to contains various opportunities for new fun offerings, all the while increasing every customer’s safety,” added Paul Sykes, head of maintenance and procurement at Onto.


Image courtesy: Zurich Insurance

    Share Story:

Recent Stories


Financial institutions were early adopters of cyber security and insurance. Are they still on top of the game?
Managing huge amounts of sensitive data online makes financial institutions a prime target for hackers. As such, the sector was an early cohort for insurers in creating cyber cover. Since then, the market has evolved almost beyond recognition. It continues to challenge itself to this day, complying with rigorous regulatory demands and implementing avant-garde enhancements to keep abreast of the ever-changing risks. Published June 2021

Manufacturing: An industry at risk amid great technological change
Of the many sectors of business, manufacturing companies are among the most at risk from cyber threats. How has the sector evolved to make it so vulnerable and what does the task of managing cyber exposure in a manufacturing company look like? CIR’s latest podcast with Tokio Marine HCC sought to answer all these questions and more. Published April 2021

Advertisement