Aldo's Intro

Letter from our CEO: Aldo Monteforte

Welcome to the third issue of Driven, our quarterly magazine which explores the application of telematics to safer and smarter mobility.

In this issue we investigate the spectrum of vendor-carrier partnerships, why they are critical to the success of UBI programmes and how, through partnerships, insurers lay the foundations for fruitful, long-term engagement with their customers.

This is a topic near and dear to my heart. When we founded The Floow back in 2012, we did so with a mission to dent the inefficiencies of mobility, where the cost to society is measured in lost lives and limbs. Well over a million people are killed on the roads around the world every single year. Risk mitigation is an enormous task, one that technology alone cannot solve without deep collaboration involving technologists, insurers, drivers, legislators, researchers, service providers and auto manufacturers. We’re proud to play a part at both levels, building great tech and engineering deep collaboration with our carrier partners.

One example of successful, purposeful partnership was the subject of the conversation I had with our friend Danny Maco from CSAA during this year’s Dig-In industry event in Austin (TX). This issue of Driven includes a write-up of that conversation, which tracks the progress we’ve made working with CSAA over the past two years and how together we’re realising a shared vision to make insurance more engaging and rewarding for CSAA customers.

Another example of deep collaboration is MOVE_ UK, a UK government funded research initiative we’ve been a key partner in for the past 3 years. Working alongside Direct Line Group, Jaguar Land Rover, Bosch, TRL and the Royal Borough of Greenwich, we’ve been investigating the future of autonomous driving to develop a new generation of risks models so that such technology could be introduced safely in the future. You’ll find an article about the culmination of our work in this project within this issue of Driven.

Working towards any significant goal takes commitment and ambition. It requires collaboration with partners and it requires innovative thinking. These are the four values that we hold sacred at The Floow as we execute on our mission of safer and smarter mobility.

I hope you enjoy reading this issue of Driven. As ever, if you have any feedback or would like to start a conversation with us about any aspect of our work, please email me via info@thefloow.com.