Cover Whale was built on a foundation of technology, data, and machine learning analytics to transform the commercial auto segment and bring to market a forward-looking and continuous insurance model. The efficiency driven by Cover Whale’s technology platform reduces the need for the traditional resource-consuming underwriting process, allowing it to offer instantaneous quotes from multiple carrier partners.
The company’s proprietary platform also enables Cover Whale to leverage real time data in great volume. This, coupled with the ability to intervene and instantaneously correct negative driver behavior, will reduce loss ratios and therefore lower the overall cost of insurance.