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Fairmatic is creating a new commercial insurance category by delivering the first data-driven fleet insurance that rewards safety with savings. Fairmatic’s new approach leverages AI-powered technology in combination with deep telematics data to drive meaningful cost savings for fleets by valuing responsible driving leading to safer roads. The Fairmatic underwriting model has been trained and tested with over 200 billion miles of driving data to help fleets proactively manage safety issues with actionable insights.

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The Fairmatic annual revenue was $65.4 million in 2026.

Frank Palmer is the Chief Underwriting Officer of Fairmatic.

20 people are employed at Fairmatic.

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