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    GREAT   SE0005881554

GREATER THAN AB

(GREAT)
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Greater Than AB Announces That It's Ai-Based Motor Insurance Offering Approved in Arizona, USA

07/01/2021 | 08:24am EDT

Greater Than announced that The Arizona Department of Insurance approves the company's personalized AI-based pricing embedded into a new dynamic motor insurance offering. Greater Than's partner in the US, CoverCube, will launch the new offering in Arizona during fall 2021, together with the insurance carrier Aegis Security, licensed in 50 states in the US. By inserting Greater Than's AI analytics and pricing into the process, CoverCube and Aegis Security will accurately price risk and gain tools to nudge and inspire safer and more environmentally friendly driving. In addition, the insurance solution is known to speed up the underwriting process and reducing overhead for claims and administration. Greater Than's AI technology holds seven patents in the US. The AI technology trains constantly on new and billions of historical driving patterns whilst assessing the driving risk and CO2 emission in real-time. The patented and unique AI method enables entirely new ways to predict, understand and price driving risks.


ę S&P Capital IQ 2021
All news about GREATER THAN AB
10/26Greater Than recognized as one of the world's most innovative tech providers - InsurTec..
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10/21Greater Than Resigns Lars Berg as Chairman of the Board
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10/07GREATER THAN : Covercube and Aegis Security launches usage-based auto insurance in Arizona..
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10/07Covercube and Aegis Security Launches Usage-Based Auto Insurance in Arizona Based on Ai..
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10/06GREATER THAN : shortlisted for 2021 Informa Tech Automotive Award - Automotive AI Product/..
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09/21GREATER THAN : and TomTom Align on a Proof of Concept to Create Safer Roads
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09/09GREATER THAN : KINTO launches world leading P2P car-sharing service based on technology fr..
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08/25Greater Than AB Reports Earnings Results for the Second Quarter Ended June 30, 2021
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07/01GREATER THAN : AI-based motor insurance offering approved in Arizona, USA
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More news
Financials
Sales 2021 25,7 M 2,99 M 2,99 M
Net income 2021 -18,2 M -2,12 M -2,12 M
Net cash 2021 125 M 14,6 M 14,6 M
P/E ratio 2021 -65,4x
Yield 2021 -
Capitalization 1 288 M 150 M 150 M
EV / Sales 2021 45,2x
EV / Sales 2022 9,12x
Nbr of Employees 25
Free-Float 43,5%
Chart GREATER THAN AB
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Greater Than AB Technical Analysis Chart | MarketScreener
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 0
Last Close Price 102,00 SEK
Average target price 106,50 SEK
Spread / Average Target 4,41%
EPS Revisions
Managers and Directors
Annika Liselott Johansson Chief Executive Officer
Markus Waldenstr÷m Chief Financial Officer
Lars Magnus Berg Chairman
Anders Lindel÷f Chief Technology Officer
Maria Kristina Th÷rner Independent Director
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