SureCam, the market leader in connected camera technology has today announced a partnership with leading InsurTech, Concirrus, to provide a ground-breaking solution that is set to revolutionise the claims process and deliver significant ROI for fleet operators.
London: SureCam, the market leader in connected camera technology has today announced a partnership with leading InsurTech, Concirrus, to provide a ground-breaking solution that is set to revolutionise the claims process and deliver significant ROI for fleet operators.
Justin White, Managing Director at SureCam explains: “We recognise that fleet operators find it difficult to manage and prioritise the vast amount of data available through telematics and video footage. Therefore, we needed to determine how we could harness advanced technologies such as AI and machine learning to facilitate automation of processes, improve data analysis and help alleviate the operational burden for our customers. With a cutting-edge technology platform, easy to use interface and a solid team of data scientists, partnering with Concirrus was a natural choice for us and we’re very excited to take this game-changing solution to market.”
For the past five years, SureCam has been working with some of the leading fleet operations including G4S, Morgan Sindall, Hoover Candy, Wincanton, Eddie Stobart and Krispy Kreme. The integration of SureCam with Concirrus’ dynamic data analytics platform, Quest Fleet will provide new insights, enabling fleets to automate risk management processes, prioritise driver coaching effectively and optimise First Notification of Loss (FNOL). This in turn, will reduce insurance costs and improve profitability.
Craig Hollingworth, Concirrus’ Managing Director of Motor comments: “Having evaluated the market, SureCam was a great partner for our business given their focus on safety, combined with a high calibre of clients aligned with our own values and vision. Extending the Quest Fleet proposition to the fleet operators allows us to address larger and self-insured customers. This means any cost savings that can be made by driving out risk and shortening the claims process will go straight to their bottom line. For smaller fleets that may be traditionally insured, we’ve seen insurers pass cost savings from these projects back to the fleet operator – so, it’s win-win for everyone.”
Sam Footer, Co-Founder and Strategic Partnership Director comments: “The partnership with Concirrus not only provides SureCam with an innovative and market leading solution but also gives us a lot of credibility based on Concirrus’ reputation and expertise within the insurance sector. Quest Marine has been a huge success and SureCam are delighted to have been chosen as the preferred camera supplier of choice that are now fully integrated within the Quest Fleet platform.”
Concirrus is the creator of Quest, an insurance software platform developed with, used and trusted by insureds, insurers, reinsurers and brokers around the world. Quest allows existing and new data to be ingested, understood and presented in a way that provides valuable insights to help improve loss ratios.
Quest analyses billions of historical and real-time data sets to derive new behavioral factors that can be used to look at risk in a more targeted, intelligent way. A cloud-based, scalable enterprise grade solution, the Quest platform is used and trusted throughout the (re)insurance market value chain enabling optimization of risk management portfolios.
To read more about Concirrus’ collaborative approach with Acorn, RentE and SureCam click here.
SureCam is a global leader in video safety for fleets. We believe every fleet, from 5 vehicles to 5,000 should have real-time visibility into what’s happening on the road. Our network-connected cameras and cloud-based software protect fleets from false driving allegations and are the first line of defense against rising claims costs. We work with clients to customise each fleet’s configurations, providing visibility into the incidents and driving behavior you care about, while filtering out the noise. SureCam is trusted by some of the UK’s most recognised fleets in transportation, distribution, utilities, construction, taxi and home delivery.
For further information and images, please contact:
Liz Churchman or Lorraine Emmett
Concirrus press office
Tel: +44 (0) 7966 820 320