The Floow Named Leading Telematics Service Provider in Europe by Ptolemus

The Floow has been named the leading telematics service provider in Europe in their Mobile Insurance Global Study

When we first conceived The Floow seven 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. The efforts were so profound that they were etched in our company's name - The Floow - in an attempt to evoke the most prolific human state of mind, "the ultimate experience in harnessing the emotions in the service of performing and learning".

So it means a lot to see respected industry consulting group Ptolemus name The Floow as the leading telematics service provider in Europe in their Mobile Insurance Global Study released last week.

From the bottom of my heart I thank the clients who place their trust in us and The Floow men and women in Detroit, Milan and Sheffield who share in the hard work, sacrifices, sleepless nights and inexhaustible ambition to craft a proud legacy through our daily work.

Having assessed upwards of 130 vendors, Ptolemus firmly ‘kicked the tyres’ when analysing the vendors featured in their study. They assessed each of us against four different categories before forming their rankings:

  • The offering, including range of services beyond an SDK, plus features offered
  • Technical abilities, including the ability to detect and measure smartphone distraction, to manage battery consumption and other technical options
  • Scoring, including the quality of analytics, breadth of scoring parameters and ability to manage large data sets and train scores against claims
  • Experience, including the volume of active users, innovation, solidity and viability of the company and global footprint

It’s a particular pleasure to see some of our US clients featured amongst Ptolemus’ North American Insurance Strategy ranking in the same report, alongside Direct Line Group in the Europe Insurance Strategy ranking; it really demonstrates the impact of our partnerships and the forward-thinking orientation of our clients.

Objective studies like these recognise the quality of some of the best work, thinking and innovation in the industry, but there is still much to do. Telematics is a nascent industry offering much promise for safer, smarter and fairer mobility. At The Floow we are motivated and energised to keep leading the market in 2019 and beyond, bringing safer and smarter mobility to drivers right across five continents.

At the heart of everything we do are the solutions that we build and our skills at combining data science, technical excellence and social sciences. It’s that combination that clients tell us is really unique.

If you’d like to talk to us about how we could help you leverage the power of telematics, please email us at info@thefloow.com.

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