Greater Than unveils new AI-powered car insurance platform

The Swedish InsurTech company Greater Than has launched its new AI-based platform, which caters to all types of cars, auto insurers, fleets, and car manufacturers.

The tech venture claimed that clients will be empowered to reach immense flexibility with Great Than’s policies and offerings.

The InsurTech company claimed it will enable them to provide tailed offerings for electric vehicles in entirely new ways by leveraging driving data from hybrid and electric vehicles in real-time. Bundled in the customised solution, new tools and driving assessment functions tailored for electric car and hybrid manufacturers that give the driver increased control for enhancing the battery capacity.

“It is great timing and very exciting to be able to put this offer on the market right now,” said Liselott Johansson, CEO of Greater Than. “With an increased number of electric cars and hybrids on the streets, we are pleased to deliver a 100% risk analysis and full-service product for all our customers, regardless of the type of vehicle or fuel used. I am very proud to launch this world-unique product on the market right now.”

Greater Than’s AI algorithms have been practising driving data from electric cars and hybrids around the world for an extended period. The result is that the company’s AI boasts a 99.98% accuracy in its risk analysis of driving behaviour even for drivers of electric vehicles and hybrids – who do not have onboarding diagnostics readers connected in their cars. The accuracy of the risk assessment is at the same level as previously supported by onboarding diagnostics readers in the vehicle.

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