Humn.ai Partners with QBE Insurance Group to Offer its Innovative Dynamic Pricing Insurance Solution to Taxi Fleets
Humn.ai, the commercial motor insurtech and dynamic pricing platform provider, has partnered with the International Division of QBE Insurance Group Limited (QBE), to increase capacity focussed on the taxi fleet market.
The new partnership will provide branded A-rated insurance policies to taxi fleets looking to benefit from Humn’s innovative platfor
Humn’s unique proprietary platform dynamically calculates a fleet’s insurance premium in real-time on a trip-by trip basis whilst also providing data-driven insights into individual driver behaviour for the fleet manager. Humn’s behavioural data algorithms are tailored to individual fleets and Humn’s fleet risk management portal is accessible from any device. This enables the monitoring and proactive management of risk on a day-to-day basis and delivers enhanced visibility for the fleet and therefore the ability to influence insurance premium. Humn’s risk management team provides ongoing tailored weekly support, training and guidance to help fleets and drivers to understand and improve their risk management and risk profile throughout the policy period.
QBE will underwrite Humn’s fleet products utilising the full suite of this risk profiling and management system.
The partnership aims to focus on the importance of fair risk assessment in the taxi market. Traditional fleet motor insura
James Cowen, Chief Commercial Officer of Humn.ai, said: “We are incredibly pleased to be working with QBE, who have shown a strong understanding of the benefits of providing more agile and dynamic pricing solutions to the market. We hope that this partnership will help to drive down costs and improve safety on the road, particularly for the taxi market which has historically overlooked the power of data in creating better insurance solutions across their fleets.”
Jon Dye, Director of Underwriting (motor) at QBE, adds: “Working with an innovative and data-driven partner such as Humn will help provide fleets with more tailored solutions while providing us with greater insight into how to best meet their needs. We are excited to be joining them on our shared vision to develop forward thinking and sustainable customer solutions.”
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