UK-based telematics, camera and corporate data aggregation and risk analytics company Collision Management Systems has been acquired by US company SambaSafety.
SambaSafety serves more than 15,000 global corporations and insurance carriers with driver monitoring and online training on the Qorta platform, as well as risk pricing solutions.
The merger will allow customers of both businesses to leverage the combination of telematics and camera critical events data from CMS and SambaSafety drier risk sources.
Charles Smith, CEO of CMS, who will serve as vice-president, product – connected vehicle in the new merged entity, said: “CMS chose SambaSafety because of the close alignment of our collective mission to make roadways safer through data insights as well as SambaSafety’s enthusiasm to invest in expanding our footprint and capabilities for customers in the US and Europe.”
The companies say the solutions will increase overall risk visibility for Qorta customers and deliver a consistent transatlantic risk and compliance management solution for employers and insurers.
Allison Guidette, CEO of SambaSafety, said: “Both companies are moving quickly to take advantage of each other’s strengths and we expect to make several exciting announcements in the employer, insurance and partnership space very soon.”
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