Cambridge Mobile Telematics (CMT) launched DriveWell Fleet, a solution that enables commercial fleet insurers to strengthen pricing decisions across their entire book of business by incorporating telematics data.
“For more than a decade, CMT has partnered with the world’s leading personal auto insurers to reduce risk, prevent crashes, and save lives. Now we’re bringing that same proven approach to commercial auto with DriveWell Fleet,” says William V. Powers, co-founder and CEO of CMT. “By providing AI-powered driving insights from fleets, we’re helping them strengthen pricing decisions, better protect fleets and their drivers, and make roads safer for families and communities everywhere. At CMT, our vision has always been bigger than insurance — it’s about building a future where mobility is safer, smarter, and more human. Expanding into commercial auto is another critical step toward that future.”
Key takeaways:
· DriveWell Fleet brings the benefits of CMT’s telematics platform to the commercial auto ecosystem, delivering normalized telematics service provider (TSP) data from connected vehicles and offers proprietary hardware solutions for unconnected vehicles, enabling 100% telematics coverage for fleets.
· DriveWell Fleet is built to help insurers grow while improving safety and delivering premium savings to policyholders.
· Achieve broad fleet coverage using CMT’s Bring Your Own Device (BYOD) platform for connected vehicles and proprietary Tag Pro and Tag Max hardware for unconnected vehicles.
· Access normalized, high-frequency telematics data that improves risk selection, segmentation, and pricing accuracy.
· Accelerate program adoption with streamlined consent flows and fleet onboarding.
