Fairmatic Secures $46M to Introduce AI to Commercial Auto Insurance

  • Fairmatic raises $46M to bring AI to commercial auto insurance.
  • Insurance costs have been increasing due to inflation, with car insurance premiums increasing 13.7% nationally and home insurance increasing 12.1% year-on-year.
  • Jonathan Matus argues that this doesn’t have to be the case with the introduction of AI.


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