The UK government has appointed data analytics and telematics firm Floow to advise on a project to help motorists and the insurance sector “embrace new technologies” to reduce incidents on UK roads and make car insurance “smarter”. UK Government, Floow, appointment, motor Insurance, technology, Aldo Monteforte, Dr Sam Chapman, UK
The UK government has hired analytics and telematics company Floow to work on its Uplift project. Uplift brings together experts in data science, driving behaviour, insurance risk and psychology to help drivers and insurance companies use technologies that could make the country’s roads safer and improve insurance policies. Floow’s participation involves deploying GPS tracking and analysing various aspects of driving such as distraction and speed to improve understanding of risk and how it relates to motorists. The average crash costs the economy £83,893 ($109,700) and Floow believes this can be reduced through greater awareness of driver risks.