We support the world’s leading insurers with mobile experiences and predictive analytics that increase customer engagement and safety.
The Floow’s team has radically transformed conventional telematics by spearheading the use of smartphones as sensors, and harnessing contextual analysis for enhanced prediction of claims propensity.
Our team at The Floow combine their expertise in software engineering, data and social sciences, advancing the insurance risk management frontier.
The Floow was founded and incorporated in 2012 by our CEO Aldo Monteforte, our CIO Dr Sam Chapman, and Paul Ridgway.
The idea and vision for The Floow was first conceived by Aldo who wanted to make vehicles safer, smarter and cheaper for all. He saw the opportunity to change the telematics industry by making use of data and social sciences in ways that could change driver behaviour and lower the risks on our roads.
The company name – The Floow – was inspired by a concept in social science. If you experience ‘flow’ you are in a state of deep concentration and can make amazing things happen. The early days of setting up the company saw the founding team in a state of almost constant flow. And even today, with more than 120 people and having achieved rapid growth and success, it’s our shared focus on making mobility smarter and safer for all that keeps the team in a state of flow. Though we’re immensely proud of our roots in UK, The Floow is now a global company with customers across five continents. In addition to our HQ in Sheffield, UK, we have offices in Italy, the USA and China which reflects the truly global reach of our mission.
From day 1, The Floow has been driven strongly by scientific research, particularly computer, data and social sciences. Our passion for science will always be a fundamental part of our organisation. As will our absolute commitment to delivering the highest quality telematics technology and services in a uniquely, customer-focused manner, which not only benefits our clients, but also delivers great value to drivers and other road users.
“When we first conceived The Floow eight years ago we had little in the way of resources, but we were foolish, hungry and laser focused to deliver solutions that would transform the insurance market and make mobility safer and smarter in the process.”Aldo Monteforte
Licensed holder of the Made in Sheffield Mark
Signatory of the European Road Safety Charter
Crown Commercial Service’s Supplier – Vehicle Telematics Hardware & Software Solutions Framework
Winner of Best Smarter Travel Innovation at the Smarter Travel Awards 2018
Ranked 1st for UBI European TSP in 2016 and 2018
Included in 2021’s Insurtech Impact 25 Report
Winner of the Data Analytics Excellence Award at The Insurance Times Tech and Innovation Awards 2019
Included in Fintech Global’s 2019 InsurTech100 list
Winner of the Prince Michael Award for International Road Safety 2015
Named Economic Disruptor of the Year for the North East Region at the 2019 Spectator awards
Included in 2019’s Top Tech Yorkshire companies list
Winner of the Company Leader Award at Northern Leadership Awards 2019
Included in DIA’s Top 100 Insurtechs for 2019
Included in the SmartTech 100 Innovators list for 2020
The Floow are working on an investment opportunity to turn The Floow Campus in Sheffield to a R&D COE (Centre of Excellence) to develop The Floow’s next generation telematics platform and product suite.
The Floow plans to invest in a state of the art platform and develop the high tech suite of next generation telematics solutions by upgrading its campus to an R&D and Tech COE and growing its SCR footprint by creating new and sustainable high value jobs of more than 100 SCR employees, new graduates, apprentices and interns.
The Floow are also developing a regional Smart Mobility Observatory. It is proposed that this data will provide the foundation for a regional testbed for innovative mobility data. It will provide local stakeholders such as local authorities with access to evidential aggregated data supporting transport and air quality programs in the region. This access is hoped will lower public sector costs of transport programs in the region and provide stronger evidence for programs making transport and air quality changes more effective. The Smart Mobility Observatory will ultimately seek to target delivery of value to help support the region’s 2040 transport vision and green mobility within the region.