Munich Re and The Floow have formed a global partnership that will combine the fleet management firm's telematics solutions with the reinsurer's products to offer usage-based insurance to customers worldwide. "We are excited about this new partnership," said Michael J. Kelly, president of Munich Re's North American operations.
Munich Re and The Floow have formed a global partnership that will combine the fleet management firm's telematics solutions with the reinsurer's products to offer usage-based insurance to customers worldwide. The COO of Detroit-based The Floow, David James, confirmed the company is now working on new projects in the Middle East, Africa, the Americas, Asia and mainland Europe.