Greater Than AB (GREAT)

Overview

Greater Than AB is a pioneer in the driving data analytics sector, utilizing state-of-the-art artificial intelligence (AI) technology to transform GPS data into insightful driver scores. These scores not only predict the likelihood of traffic accidents but also assess the climate impact of driving behaviors. Founded in 2004 and headquartered in Stockholm, Sweden, Greater Than AB has carved out a niche for itself by offering an innovative solution that caters to a broad spectrum of clients. Its clientele includes insurance companies, underwriters, fleet solution providers, mobility providers, and various entities that possess GPS data. Through its unique services, the company aids its clients in enhancing driver risk management, optimizing insurance profitability, managing sustainability and ESG (Environmental, Social, Governance) reporting requirements, and finding lucrative avenues to monetize GPS data.

Products and Services

• Driver Scoring System:

  Using AI, Greater Than AB’s flagship service involves converting GPS data into driver scores. These scores offer insights into a driver's likelihood of being involved in an accident and the environmental impact of their driving habits. This product is particularly beneficial for insurance companies and fleet managers, who use these scores to tailor insurance premiums, enhance driver safety programs, and incentivize sustainable driving practices.

• Risk Management for Drivers:

  Greater Than AB provides comprehensive risk management services tailored to the needs of fleet solution providers and mobility providers. By leveraging the predictive power of their driver scoring system, clients can significantly reduce incidents, minimize costs associated with accidents, and improve overall fleet efficiency.

• Insurance Profitability Optimization:

  The company offers services aimed at improving the profitability of insurance portfolios. By accurately predicting crash probabilities, insurers can adjust premiums more effectively, identify high-risk drivers, and reduce claim costs. This service is invaluable for insurance companies and underwriters seeking data-driven strategies to enhance their bottom lines.

• Sustainability and ESG Reporting:

  Greater Than AB’s analytics capabilities extend to helping companies manage their sustainability and ESG reporting. By quantifying the environmental impact of driving activities, companies can set more accurate sustainability goals, report on their progress with greater confidence, and comply with ESG reporting standards.

• Monetization of GPS Data:

  For clients possessing vast amounts of GPS data, Greater Than AB provides solutions to monetize this valuable asset. By analyzing and converting this data into actionable insights, clients can create new revenue streams, offering data-driven products or services, and enhance the value of their existing data assets.