IMS, a subsidiary of Trak Global Group (TGG) and one of the world’s top three providers of connected car data solutions to insurers, mobility operators, and governments, is pleased to announce they have been selected by Berkshire Hathaway GUARD Insurance Companies, for a new commercial fleet insurance program, TrackMRI (Monitor, React, Improve). “Our fleet manager customers have limited time for research…
Read moreBerkshire Hathaway GUARD Insurance Companies recently announced a partnership with Guardian™ by Elexa to provide smart leak prevention systems to the insurer's Homeowners policyholders. The average cost of water damage claims in 2017 was about $10,000 according to a 2019 report from Verisk Analytics’ ISO unit. Berkshire Hathaway GUARD, "We know protecting your assets is critical. That's why we have partnered with…
Read moreBy David Schapiro Sy Foguel, CEO and President of Berkshire Hathaway GUARD Insurance Companies discusses AI and IoT in Commercial Insurance with David Schapiro, co-founder of Planck – a provider of AI based data analytics for commercial insurance. Interviewer’s note: I have known Sy for many years, but this was the first time we exclusively discussed his thoughts on cutting edge technology relevant for the insurance…
Read moreTriple+, a leader in IoT technology solutions for water leak damage prevention, has announced a pilot project with Berkshire Hathaway GUARD Insurance Companies. Water damage is the second most common insurance property claim in the US after hail and wind damage, and billions of dollars are spent in claims and repairing damages annually. GUARD aims to reduce these costs for customers…
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