Seeing Machines to promote technology via insurer partnership
Seeing Machines on Friday partnered with National Transport Insurance, to develop "mutually beneficial programs" to promote the company's Guardian driver-monitoring solution to the Australian specialist insurer's policyholders.
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The partners will establish a range of programs to promote the benefits of Guardian, a fleet solution specifically designed for the Australian market that detects fatigue and distraction related driver events in real time.
The technology has already been deployed in over 14,000 commercial vehicles worldwide.
Paul McGlone, fleet general manager at Seeing Machines, said: "Seeing Machines works closely with insurers in several countries today. Partnering with NTI in Australia will open up significant opportunities to accelerate growth in our Fleet business locally and create new information based collaboration and services. We are delighted to be working with NTI who, like Seeing Machines, are focused on customer service as well as road safety."
The AIM traded company said the partnership with NTI, which has a major share of the Australian commercial fleet insurance market, will extend to a collaborative approach around the interrogation of an extensive naturalistic driving data set, collected by Seeing Machines, with a view to extracting key insurance and risk related statistics and insights.
Christopher Hogarty, chief customer officer at NTI, said: "Together, we are looking beyond building workplaces that have safety policies & procedures in place and are now venturing into new territory that utilises real-time, reactive safety technology to manage driver distraction and fatigue. Our partnership also opens the gateway to research opportunities, data collaboration, a better understanding of what it means to be a heavy vehicle operator in Australia, and most importantly - improved safety for all road users."
Seeing Machines' shares were up 1.29% at 3.14p at 1037 BST.