Insurance coverage software application business Sapiens partners with chauffeur assessment company GreenRoad – CTech

24September 2020

Nasdaq and Tel Aviv-listed insurtech software application business Sapiens International Corp. NV announced Thursday a collaboration with Israel-based chauffeur habits analytics business GreenRoad Driving Technologies Ltd. Founded in 2004, GreenRoad develops an app that provides real-time training, gamification features, and scoring mechanisms implied to promote roadway security among motorists. According to the company, its appcan help reduce avoidable crashes by approximately 50%and accident-related expenses by up to 80%. Sapiens CEO Roni Al-Dor. Photo: Yossi Aloni The partnership will allow Sapiens

Sapiens CEO Roni Al-Dor. Photo: Yossi Aloni ‘insurer customers to utilize GreenRoad’s mobile

app to properly and dynamically examine dangers for vehicle insurance coverage based on the private motorist’s efficiency. The monetary terms of the offer were not revealed.”With Tesla and Amazon getting in the vehicle insurance market, now is the time for existing insurance providers

to

welcome development and harness the latest digital and AI-based innovation to drastically improve the services they provide,” Roni Al-Dor, Sapiens President and CEO said in a statement. Source: calcalistech.com

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