Some news from CMT who are working with Najm in Saudi Arabia on telematics based cover;
Najm for Insurance Services Company (Najm) has announced that it has launched a new telematics initiative to improve road safety in Saudi Arabia. The initiative, powered by advanced mobility analytics technologies, encourages safer driving practices.
Najm has partnered with Cambridge Mobile Telematics (CMT), known for its AI-driven DriveWell Fusion® platform for mobility analytics, and AiGeNiX, a leader in artificial intelligence-based analytics, with a significant presence within KSA and regional clients, on the initiative. Together, they will offer world-class information solutions, analyze and process advanced driving data, and provide actionable insights to reduce accidents and improve road safety.
HOW IT WORKS
Najm’s telematics initiative provides an advanced mechanism for measuring driving behavior across the Kingdom. The technology can collect and analyze data and evaluate drivers’ risk levels compared to accepted standards. By installing a smart device in the vehicle, the system measures driving elements like speed, acceleration, braking, handling turns, and adhering to traffic regulations.
Mr. Mohammed Y. Al Shehri, CEO of Najm for Insurance Services Company, said, “This initiative reflects Najm’s continuous role in advancing technology that improves services and empowers the insurance and safety sectors to reduce driving risk. This initiative will help reduce crashes and death rates, and protect everyone from road hazards, helping meet the Kingdom’s Vision 2030 goals.”
MONITORING DRIVERS IS THE KEY
Najm has already partnered with a number of insurance companies to adopt the new telematics system and encourage customers to use sensors that measure driving behaviour and compliance with traffic rules. The system follows international best practices and helps insurance companies improve their operations and services. Drivers can earn rewards and discounts on their vehicle insurance based on their driving habits.
Najm for Insurance Services is a Saudi closed unlisted joint stock company established in 2007 to promote the vehicle insurance sector in Saudi Arabia. Najm offers a complete range of solutions and insurance services for citizens, residents, and visitors in 44 Saudi cities through a skilled Saudi workforce.
Be the first to comment