Chief commercial officer hopes partnership will ’help drive down costs and improve safety on the road’
Commercial motor insurtech Humn.ai has partnered with the international division of QBE Insurance Group to increase its capacity in the taxi fleet market.
A statement released yesterday (6 July 2023) said the duo will now provide A-rated insurance policies to taxi fleets, which will be underwritten by QBE.
James Cowen, chief commercial officer at Humn.ai, said the team hoped the partnership will “help drive down costs and improve safety on the road, particularly for the taxi market”.
“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,” Cowen added.
Humn.ai also believes using its proprietary pricing platform, behavioural data algorithms and its fleet risk management portal will improve fair risk assessment in the taxi market.
It highlighted its risk management team will provide weekly support, training and guidance to help fleets and drivers understand and improve their risk management and risk profile throughout the policy period.
John Dye, director of underwriting (motor) at QBE, said: “Working with an innovative and data-driven partner such as Humn.ai 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.”