RELI provides next-generation insurance technology for the fleet industry, shifting from reactive to real-time risk management. The platform uses live telematics and contextual data to offer transparent, data-driven pricing that rewards safer driving behavior. This approach delivers proactive loss prevention insights and streamlines claims processing for both fleet owners and insurers.
Funding
Funding not disclosed
Founders
Product
Problem
Fleet insurance traditionally relies on static, historical data, resulting in opaque pricing, delayed loss prevention, and slow, manual claims handling that increase costs and operational downtime for fleet operators and insurers.
Solution
RELI delivers a data-driven insurance platform that ingests live telematics streams and contextual information (e.g., weather, traffic) to compute real-time risk scores for each vehicle. These scores feed a dynamic pricing engine that generates transparent, usage‑based premiums reflecting actual driving behavior. The platform also provides continuous safety insights and prescriptive recommendations to reduce accident frequency and severity. An automated claims workflow leverages the same data to accelerate loss assessment, detect fraud, and minimize downtime. All data are processed under strict privacy and regulatory controls, giving fleet owners full ownership of their information while enabling insurers to offer fair, risk‑aligned coverage.
Target Audience
Primary customers are commercial fleet operators seeking data‑backed insurance pricing and insurers that underwrite vehicle fleets and require real‑time risk analytics.
Features
- Real-time telematics ingestion (GPS, speed, braking, acceleration) combined with external contextual data sources
- Machine‑learning risk model that produces per‑vehicle risk scores and drives dynamic premium calculations
- Adaptive safety dashboard delivering instant risk alerts and actionable driver coaching tips
- Automated claims engine that validates incidents, estimates loss, and flags anomalous patterns for fraud review
- RESTful API and webhooks for seamless integration with insurer underwriting systems and fleet management software
- Role‑based access control and end‑to‑end encryption meeting GDPR and industry‑standard security requirements
- Configurable reporting tools for both fleet operators and insurers to monitor loss trends and cost savings