#Australia #Sydney #Greater Than #DKG Insurance #Fuse Fleet

Greater Than and DKG Insurance Group Renew Their Partnership

In a significant move that promises to enhance fleet safety and efficiency, Greater Than and DKG Insurance Group have announced an extension of their partnership until the year 2028. This collaboration is aimed at enhancing the value fleets across Australia derive from their driving data, particularly through the innovative Fuse Fleet program.

The Success of Fuse Fleet

Launched in 2022, Fuse Fleet utilizes advanced pattern AI technology developed by Greater Than. This groundbreaking program enables fleet managers to transform GPS data into predictive insights regarding crash probabilities. The results have been promising; fleets that have integrated Fuse Fleet into their risk management processes report a staggering 50% reduction in collision frequency. According to Luke Kelly, Managing Director of DKG, this is a direct indication of the value that AI-enabled insurance brings to their clients. He emphasized that as fleet needs continue to evolve, staying ahead of these changes is vital, and Greater Than's technology empowers safer driving, fairer premiums, and strong, trust-based client relationships.

Enhanced Safety Through Predictive Insights

Since its inception, Fuse Fleet has not only helped in lowering collision rates but has also enabled insurers to foster safer driving habits among fleet operators. Thanks to the program's actionable feedback and scoring, fleets are now able to closely monitor their drivers and address high-risk behaviors before they culminate in accidents. In fact, a mature deployment of the program has shown that high-risk scores correlate with approximately 70% of actual claims, providing fleet managers with a focused approach in coaching and intervening where it's most needed.

Additionally, the Fuse Fleet brand has grown to include supplementary offerings such as a connected insurance app and a dedicated ESG (Environmental, Social, and Governance) reporting solution tailored for fleets. These tools are designed to aid fleet operators not only in safety but in aligning with broader responsibility goals as well.

Plans for Future Growth

The renewal of this agreement is seen as a robust endorsement of the ongoing value that Fuse Fleet offers. Johanna Forseke, Chief Business Officer and Deputy CEO at Greater Than, stated, “We are proud to continue supporting DKG and the expansion of the Fuse Fleet program across Australia. More than just a contract extension, this represents a commitment to deeper collaboration and innovation.”

As they move forward, the partnership aims to further enhance the capabilities of Fuse Fleet. This includes a wider market reach and the launch of new, connected insurance features designed to simplify the interaction between brokers and fleet operators. With tools that enable earlier discussions about risk, more accurate premium quotes, and a clearer portrayal of value during policy renewal, Greater Than and DKG are set to revamp fleet safety in Australia for years to come.

In conclusion, the extended partnership between Greater Than and DKG Insurance Group is not merely a renewal but a pivot towards a smarter, safer future for fleet operations in Australia. Their commitment to leveraging AI technology for risk management and safety enhancement reaffirms their leadership in the industry and their commitment to their clients’ success.