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Inigo partners with Samsara

March 4, 2024

(London, 4 March 2024): Inigo Limited (“Inigo”) announced today that it has partnered with Samsara, the pioneer of the Connected Operations™ Cloud, to revolutionize insurance solutions for commercial fleets. Using data from Samsara, Inigo will provide an innovative, data-driven product to bring new capacity to the automobile sector across the United States.

Inigo is positioned to deploy a new structured product that leverages Samsara’s telematics data at its core to bring valuable capacity to a key segment of the US market. Large fleets will benefit from pricing that accounts for individual telematic outputs and considers safety metric performance as part of the risk analysis. The integration of telematics data with complex modelling and sophisticated risk management will help ensure improved risk selection and bespoke pricing.

Samsara’s IoT gateways and AI Dash Cams can capture real-time telematics and driver safety data, facilitating streamlined reporting and automated workflows. The Samsara platform encourages safer driver behaviour, enabling efficient data analysis, leading to the early identification of risk exposures, and the mitigation of concerning trends before losses occur. The provided policy structure ensures comprehensive and affordable cover for clients, who also benefit from upfront subsidies for the hardware and installation.

Inigo has secured national distribution throughout the US via leading global insurance broker Marsh, with the placement of this new insurance solution to be facilitated by their International Placement Division in London. The product was launched on 1 January 2024 and has seen significant interest from some of the largest trucking entities in the marketplace.

Craig Knightley, Insurance Chief Underwriting Officer at Inigo, commented, “Our core belief is that data science can provide different perspectives on risk. When we met with Samsara and realized just how effective their product is, we knew that working together, we could find an innovative new product for the market. We believe analysis of different datasets has demonstrated that a robust deployment of Samsara’s telematics and safety solutions will lead to a much better understanding of fleet performance and management, making a material impact on loss frequency and serving to make the roads safer. We see a further opportunity to work with clients to help them understand and contain risk to unlock business potential.”

“We’re thrilled to welcome Inigo into Samsara’s growing ecosystem as our latest insurance partner,”  said Ursula Worth, VP of Channel Sales & Strategic Partnerships at Samsara. “By leveraging data from our platform to help provide more accurate risk assessments, Inigo is taking an innovative and data-driven approach to improving safety standards and encouraging safer driving behaviour among some of the biggest names in the fleet industry.”
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