International Telematics Provider Welcomes MP Following Rapid Growth

The Floow - November 14th, 2014

The Floow's founders meeting MP Paul Blomfield, they are all smiling

Sheffield Central MP Paul Blomfield with The Floow’s co-founders Paul Ridgway, Dr Sam Chapman and Aldo Monteforte.

One of the country’s leading telematics providers The Floow was today visited by Paul Blomfield, Sheffield Central MP, following a year of rapid international growth and expansion – with clients now spanning Europe and reaching as far as the US and Canada.

Delivering telematics and analytics to leading insurers including the Direct Line Group, The Floow welcomed the MP to its headquarters as part of his ongoing interest in businesses committed to providing local employment and international trade opportunities.

During the visit Mr Blomfield met the 30-strong Sheffield team, which is made up of experts in the fields of Telematics; Computer Science; Data Mining; Psychology and Automotive.

Aldo Monteforte, CEO of The Floow, who founded the organisation in Sheffield less than three years ago, welcomed the visit. He said: “We were very pleased that Mr Blomfield was able to join us and hear about our work.

“We have always felt greatly supported by the region in both our national and international growth, and are delighted to have also been recently short-listed for Design and Innovation at the city’s Business Awards.

“In turn, we are proud to contribute to the growth and economic recovery of the region through our continuous recruitment of people from the local area and our representation of the city on a global scale.”

Paul Blomfield, who sits on the Business, Innovation and Skills Select Committee, said: “The Floow is an impressive young business in the region, breaking new ground in the field of telematics and providing increasing numbers of sustainable job opportunities”.

“Given the nature of the work that the organisation does, which can operate without geographic boundaries, it is great to see that the Floow are now representing Sheffield on an international level – with plans to expand their reach further still in the coming months.

“Sheffield as a city region has always been synonymous with quality; recognised internationally for its work in the fields of engineering and manufacturing. Now, companies like The Floow are showing that Sheffield’s talent has diversified, and that the city is retaining and attracting leaders in fields including design and technology.

“It is impressive to see the success that the company has achieved during the short time that they have been in operation, especially in terms of their global outreach.”

The Floow currently work with the Direct Line Group in the UK, with global insurance carriers in North America, Latin America and Europe and are continuing to expand across Europe, Canada, the USA and China from their Sheffield base.

It was announced this summer that they had secured a 15% equity investment from the Direct Line Group Plc, who they currently provide with smartphone applications and analytics for their DrivePlus systems.

The investment from DLG, along with new business wins recently led The Floow to take on additional new members of staff, which included hiring former apprentices into permanent positions.

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