SambaSafety

SambaSafety

Software Development

Denver, Colorado 13,904 followers

SambaSafety is a leading provider of cloud-based mobility risk management software solutions.

About us

SambaSafety is a recognized innovator and leading provider of cloud-based risk management solutions for over 15,000 organizations with automotive mobility exposure, including many on Fortune’s Global 500 list. Employers and insurers benefit from SambaSafety’s continuous monitoring, intuitive insights, risk reduction tools and configurable pricing solutions. Through the collection, correlation and analysis of federal, state, local and telematics data sources, our flexible, end-to-end capabilities enable businesses and insurers to better evaluate and mitigate driving risk, accelerate product development, reduce crashes and foster safer communities.

Website
https://www.sambasafety.com
Industry
Software Development
Company size
201-500 employees
Headquarters
Denver, Colorado
Type
Privately Held
Specialties
Driver Record Monitoring, Background Checks, California EPN Agent, Driver Training, Motor Vehicle Records (MVRs), Accident Tracking, Driver Risk Management, Insurance, Pre-Employment, Commercial Trucking, and Risk Mitigation

Locations

Employees at SambaSafety

Updates

  • View organization page for SambaSafety, graphic

    13,904 followers

    The 2024 Telematics Report is here! Get your free copy: https://lnkd.in/eEH28P3c We’re thrilled to announce the release of SambaSafety’s “2024 Telematics Report: Connecting the Dots on Strategies & Adoption.” The report explores the current state of telematics, highlighting new data on adoption, challenges and strategic shifts in risk management impacting P&C insurers, brokers and fleets. This year, we partnered with the Risk & Insurance Education Alliance and IoT Insurance Observatory to bring you exclusive insights and perspectives from industry experts: 🔹 Nancy Bendickson, CDS, CSP, ARM, Managing Consultant, Aon  🔹 Matteo Carbone, Founder & Director, IoT Insurance Observatory  🔹 Sara Wojcik, Sr. Director, DOT Compliance & Transportation Safety, Sunbelt Rentals, Inc. Key findings include:  💡 82% of commercial insurers now leverage telematics, up from 65% last year. 💡 51% of fleets plan to expand their telematics devices or providers over the next year. 💡 75% of insurers cite convincing fleets to share telematics data as the most significant barrier, while 74% of fleets indicate they don’t share data simply because they’ve never been asked. Our CEO Matt Scheuing notes, “As the industry faces mounting claims costs, nuclear verdicts and increasing roadway risks, telematics offers an important tool for overcoming these challenges. This report provides in-depth insights into how insurers, brokers and fleets are using telematics to create safer roads and establish more profitable insurance programs.” Read the press release: https://lnkd.in/dMk_dnf2

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  • View organization page for SambaSafety, graphic

    13,904 followers

    We are grateful for the insights of industry thought leaders like Matteo Carbone, whose expertise highlights how forward-thinking insurers are leveraging telematics to improve loss control, refine underwriting and pave the way for greater efficiency and safety across the industry. Discover more about how telematics is redefining fleet safety and insurance: https://lnkd.in/eEH28P3c

    View profile for Matteo Carbone, graphic

    Co-Founder, Board member, Insurtech Thought Leader, Keynote speaker and writer on insurance innovation

    Telematics is gaining significant momentum in the US commercial auto insurance market 👉🏻 sambasafety.com/telematics We have already seen a wave of insurers’ 𝐢𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞𝐬 𝐟𝐨𝐜𝐮𝐬𝐞𝐝 𝐨𝐧 𝐥𝐨𝐬𝐬 𝐜𝐨𝐧𝐭𝐫𝐨𝐥. The old – and barely used – referral programs have evolved into structured safety programs paid – or at least subsidized – by the insurance carriers. The pioneers of these programs have already achieved significant adoption and shown robust ROIs. The carriers’ appetite for using telematics data to unlock benefits in their 𝐮𝐧𝐝𝐞𝐫𝐰𝐫𝐢𝐭𝐢𝐧𝐠 𝐚𝐜𝐭𝐢𝐯𝐢𝐭𝐢𝐞𝐬 is also emerging, and the most forward-looking players have started their journey to master the usage of telematics data. Some commercial 𝐔𝐁𝐈 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 have already scaled, and more seem ready to debut. The trajectory of evolution seems defined. However, the creation of insurance offers priced with telematics data is still in its early days compared with the level of maturity in personal auto. Telematics has already been recognized as a necessary capability; ten of the top ten personal auto carriers have a penetration of their new business above 40%, and the market best practice has demonstrated the effectiveness of telematics-based pricing sophistication in building a sustainable competitive advantage. It is important for the sector to move to an 𝐢𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐞𝐝, 𝐡𝐨𝐥𝐢𝐬𝐭𝐢𝐜 𝐚𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐞𝐥𝐞𝐦𝐚𝐭𝐢𝐜𝐬 𝐜𝐚𝐩𝐚𝐛𝐢𝐥𝐢𝐭𝐢𝐞𝐬 𝐚𝐦𝐨𝐧𝐠 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐨𝐫𝐠𝐚𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧. Better-matched rates and risks allow smaller and more accurate pricing clusters, so a large part of profiles receive a lower rate. Expected losses can be reduced with both real-time mitigation actions to solve a specific situation and behavioral change mechanisms to promote safer behavior. Moreover, in case of a crash, the telematics-based process can be quicker and minimize fraud. All these forces combined enable the ability to 𝐩𝐫𝐨𝐟𝐢𝐭𝐚𝐛𝐥𝐲 𝐦𝐚𝐧𝐚𝐠𝐞 𝐚𝐮𝐭𝐨 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐩𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨𝐬 𝐰𝐡𝐢𝐥𝐞 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐭𝐡𝐞 𝐚𝐯𝐚𝐢𝐥𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐚𝐧𝐝 𝐚𝐟𝐟𝐨𝐫𝐝𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐨𝐟 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐜𝐨𝐯𝐞𝐫𝐚𝐠𝐞𝐬 Happy to have contributed with the IoT Insurance Observatory to this SambaSafety research 🫡 #iotinsobs

    2024 Telematics Report: Connecting the Dots on Strategies & Adoption

    2024 Telematics Report: Connecting the Dots on Strategies & Adoption

    go.sambasafety.com

  • View organization page for SambaSafety, graphic

    13,904 followers

    "Telematics use grows in insurance as fleets report fewer claims, crashes" To explore the critical insights covered in Insurance Business America's article below, download our 2024 Telematics Report: https://lnkd.in/eEH28P3c

  • View organization page for SambaSafety, graphic

    13,904 followers

    Telematics programs are transforming risk management, offering insurers and their clients critical insights that enhance loss control. In our latest blog, we dive into: - The surge in telematics investment across the insurance industry - The role of driver monitoring and targeted training in minimizing incidents - Key barriers to adoption and how industry leaders are overcoming them Also, don't miss out on the current trends covered in our 2024 Telematics Report. Learn more about the growing impact of telematics programs and download the report below! https://lnkd.in/gwYp6tT9

    How Fleet Telematics Programs Minimize Insurance Risk

    How Fleet Telematics Programs Minimize Insurance Risk

    sambasafety.com

  • View organization page for SambaSafety, graphic

    13,904 followers

    Don't miss our upcoming webinar, "The Future of Telematics: How Fleets & Insurers Can Collaborate to Create Safer Roadways," streaming live on Tuesday, Nov. 12 at 11 am MT / 1 pm ET. Save your spot now: https://lnkd.in/gJCnBr_R With rising auto insurance premiums driven by distracted driving, escalating crash severity and nuclear verdicts, fleets and insurers face mounting pressures. What if you could work together to address these challenges – mitigating risk and safeguarding your bottom line? Our webinar will offer exclusive insights from industry experts at Sunbelt Rentals, Inc., Aon, Verizon Connect, Liberty Energy and SambaSafety. They'll provide unique perspectives on critical takeaways from SambaSafety's "2024 Telematics Report," uncovering the current state of telematics adoption and its expanding influence on fleet safety and insurance. All registrants will get a free copy of the "2024 Telematics Report: Connecting the Dots on Strategies & Adoption," plus a recording of the webinar! Register here: https://lnkd.in/gJCnBr_R

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  • View organization page for SambaSafety, graphic

    13,904 followers

    SambaSafety CEO Matt Scheuing has had a lengthy career in tech and SaaS, but what drew him to risk management?   “When you have a strong sense of passion and purpose, it fundamentally changes your relationship with work,” he explains. “It transforms work into something that is deeply fulfilling and rewarding… It helps you understand the bigger picture and how your efforts contribute to something greater than yourself.”   Scheuing recently joined our friends at Risk & Insurance to discuss his journey to SambaSafety, what sets us apart, how we help to foster positive safety cultures and why telematics is the way of the future.   Read the full interview below!   #telematics #riskmanagement #Autoinsurance

    SambaSafety CEO Matt Scheuing Discusses Telematics and Other Aspects of Fleet Safety

    SambaSafety CEO Matt Scheuing Discusses Telematics and Other Aspects of Fleet Safety

    https://riskandinsurance.com

  • View organization page for SambaSafety, graphic

    13,904 followers

    Approximately 27% of fleets plan to add telematics to their safety program in the next 12 months! Does your organization leverage telematics?   In the coming weeks, we'll reveal other compelling stats that will shape your telematics strategy in 2025 and beyond. Sign up for our November 12 webinar, “The Future of Telematics: How Fleets & Insurers Can Collaborate to Create Safer Roadways,” to explore data from our "2024 Telematics Report: Connecting the Dots on Strategies & Adoption" in detail. All registrants will also receive an advance copy of the report on October 30!   Save your spot: https://shorturl.at/3YN2N  

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  • View organization page for SambaSafety, graphic

    13,904 followers

    Our next webinar, "The Future of Telematics: How Fleets and Insurers Can Collaborate to Create Safer Roadways," is only a few weeks away! Our panel of experts from Aon, Liberty Energy, Sunbelt Rentals, Inc. and Verizon Connect will explore never-before-seen insights from our second annual telematics survey. You’ll get insights like: - Current adoption trends across various fleet sizes and industries - How to overcome resistance to data sharing - Best-practice implementation strategies - How telematics aids profitability - And more! Click here to sign up: https://lnkd.in/gJCnBr_R   Registrants will also receive a full recording and a FREE copy of our new "2024 Telematics Report: Connecting the Dots on Strategies & Adoption," created in partnership with the Risk & Insurance Education Alliance#telematics #commercialinsurance #webinar

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Funding

SambaSafety 2 total rounds

Last Round

Series unknown

US$ 16.4M

See more info on crunchbase